Consumer Electronics Report 2019 - Telephony

Statista Consumer Market Outlook - Segment Report

Consumer Electronics Report 2019 - Telephony The steady introduction of the 5G mobile network, and 5G compatible smartphones, is guaranteed to unlock a whole new mobile experience for consumers, and further drive sales and revenues of the Telephony segment. In 2018, the global revenue of the Telephony segment reached US$474 billion and, by 2023, this is forecast to increase to US$546 billion.



What's included?
  • Segment Overview Telephony
  • Market KPI comparison: Revenue and growth rate
  • Regional comparison, including revenue per capita

DescriptionContentTables

The Telephony segment report encompasses mobile and landline phones. The global telecommunications market was ushered into a new era in 2007, with the launch of Apple’s iPhone. Nowadays, smartphones have become a symbol of mobile internet access, and they have triggered a wave of innovations in the past decade—which has reached telecommunication providers, software companies, computer manufacturers, raw material suppliers and especially social networks, and is still keeping them busy up until today.

In 2018, the Telephony segment accounted for 48% of the worldwide Consumer Electronics' revenue and 21% of the volume sales. In that same year, Telephony sales increased by 4.8%, in comparison to 2017 and reached US$474 billion. Many consumers in Europe and the USA own high-performance smartphones, and the number of competitors in the market has increased significantly; an increase which is particularly led by Chinese manufacturers like Xiaomi.

  • Language: English
  • Released: July 2019
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