Learn about the global cellular telephones market through The Business Research Company, which provides information on cellular telephones market size, cellular telephones market drivers and restraints, cellular telephones market players, the COVID-19 impact on the cellular telephones market, and more.

The global cellular telephones market is expected to grow from $351.65 billion in 2021 to $395.05 billion in 2022 at a compound annual growth rate (CAGR) of 12.3%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cellular telephone market is expected to reach $607.82 billion in 2026 at a CAGR of 11.4%.

Increase in disposable income is driving the cellular telephone market.

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The cellular telephones market consists of sales of cellular telephone and related services by entities for text messaging, voice calling and video calling. Cellular telephones also have advanced computing abilities such as wireless internet, third-party applications and mobile payment, solutions for information management such as documents, emails, and contacts, inbuilt GPS applications.

Global Cellular Telephones Market Segments Include:

By Product Type: Smartphone, Feature Phone

By Age Group: Under 18 Years Old, 18-45 Years Old, 45-60 Years Old, Above 60 Years Old

By Distribution Channel: OEM, Retailer, E-Commerce

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the cellular telephones market in 2021.

Companies in the cellular telephone market are introducing technological advancements in processors that give the best customer experience. The smartphones are incorporated with 7nm (nanometer) processors that increase the speed of the device and have improved power efficiency and some are expected to support 5G technology as well.

TBRC’s cellular telephones market report covers:

Major Market Players: Samsung Electronics Co. Ltd., Apple, Huawei, LG Electronics, Lenovo, Xiaomi, OPPO, Vivo, Motorola Mobility Holdings Inc, TCL Corporation, Research In Motion Limited, Sony Mobile Communications Inc., ZTE Corporation, Nokia, HTC Corporation, Gionee, LeEco/Coolpad, Micromax Informatics Ltd., and Ericsson.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Cellular Telephones Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides cellular telephones market overviews, analyzes and forecasts market size, share, cellular telephones market players, cellular telephones market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cellular telephones market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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