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Mobile Phones Industry: Product Class, Analysis, Competitors, and Market Trends

   

Added on  2023-01-12

9 Pages737 Words88 Views
Mental Wealth 1:
Academic and Digital
Proficiency - Task 2
Mobile Phones Industry: Product Class, Analysis, Competitors, and Market Trends_1
Mobile phones industry
Product class
Smartphone is the product class which is categorised into mobile phones and further
subcategorised into 25 segments.
There are four classes of mobile phones such as cell phones, features phones which comprises
conventional phones and smartphones.
Cell phones: These are classical phones which are specifically used for making calls and texts.
Feature phones: These are conventional type phones which comprises different types of features.
These mobile phones are updated version of earlier generation phones in which inputs button-
based system and small display. These phones also known as dumbphones which is differ from
touch-input smartphones.
Smartphones: These includes Android mobile and Dual SIM mobiles which are quite different
from above mobiles because t contains advance feature along with touchpoints. It includes
number of brands i.e. Vivo, Realme, Oppo, Micromax, HTC, Nokia and Apple.
Mobile Phones Industry: Product Class, Analysis, Competitors, and Market Trends_2
Cont.
Analysis of the sector
Mobile phone sector in India is quite good
because most of the public keeps handsets and
smartphones.
India gets second position as the
telecommunication market across the world after
China.
Telecom sectors has raised from 74% to 100% in
the India which illustrates that country becomes
more updated for the new technology over the
period.
There are several brands such as Xiaomi and
Samsung are more popularised than other brands
like Vivo, Realme and Oppo in Indian market. Figure 1: Market share of Top Mobile
Brands
Mobile Phones Industry: Product Class, Analysis, Competitors, and Market Trends_3

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