Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of global smartphone market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as Rising trend of digitalization, growing use of smart internet-connected devices, technological advancements, etc.. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global smartphone market.

Methodology Followed for Calculation of Market Size:

• Market Size By Value & Volume: Market size, in terms of value & volume, for the year 2022 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as smartphone companies, channel partners, end users and industry experts, and other industry participants.

• The team interviewed more than 15 smartphone companies, 45 channel partners, 300 end users, and 15 Industry experts and other value chain stakeholders in global smartphone market to obtain the overall market size from 2018-2022, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from 2018-2022.