Smartphone Operating System Market Anticipated to Grow due to the Emergence of Cloud-based Technologies
Smartphone Operating System Market Expected to Attain a CAGR of 20% Over 2023 | MRFR
Pune, India, May 2019, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Smartphone Operating System Market.
Market Highlights
The global smartphone operating system market is projected to grow in significant fashion over the forecast period between 2017 and 2023. The predicted CAGR of the global market is slated to be 20% over the forecast period by Market Research Future (MRFR) in its recently published report.
The growth of the global smartphone operating system market is expected to be influenced by a number of factors. Among them, the leading factor identified by MRFR is the increasing emergence of cloud-based technologies. The burgeoning popularity of the ecommerce industry and the online shopping industry is another key factor expected to drive the global market during the forecast period. Moreover, the increasing demand for operating systems of smartphones across a wide range of industries like healthcare, BFSI, IT & telecommunications, manufacturing, and retail is also projected to fuel the growth of the global market. The growing demand for mobile applications and rising awareness concerning the different applications offered by smartphones like gaming, GPS maps, fitness apps, and more is another key driver behind the growth of the market.
Market Segmentation
The global smartphone operating system market segmentation is based on the following key dynamics: type and operating system.
By type, the market segments into closed source and open source platforms.
By operating system, the market breaks down into iOS, android, blackberry, windows, Symbian, and others. The android operating system held the leading position in the global market and is reported to hold onto the same position in the coming years. This is due to the growing adoption of android-based smartphones and the burgeoning demand for open source applications across the play store platform. The increasing adoption of mobile applications is another key factor driving this market segment. However, the iOS platform holds limited potential in the global market irrespective of its unmatched popularity over the world. This is due to the limitation set by the Apple manufacturers, wherein iOS can only be installed in these phones and does not support open source platform. This considerably limits the use of the operating system.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/smartphone-operating-system-market-4751
Competitive Landscape
The global smartphone operating system market includes a number of key and prominent players, including Hewlett Packard (U.S.), Google, Inc. (U.S.), Microsoft Corporation (U.S.), Linux Foundation (U.S.), Apple, Inc. (U.S.), Nokia Corporation (Finland), Blackberry Limited (U.S.), Samsung Electronics (South Korea), Jolla OY (Finland), Qualcomm (U.S.), and others.
Regional Analysis
The global smartphone operating system market is geographically distributed among four major regions, namely Asia Pacific, North America, Europe, and the Rest of the World (RoW).
Geographically, the North American regional market holds the commanding position over the global smartphone operating system market. The region is expected to garner massive growth over the forecast period to remain top of the market standings. The US and Canada are the major growth drivers of North America due to the presence of various developed key players like Google and Apple in this region. Owing to the radical fall in the usage of native-based applications and the striking shift towards the adoption of mobile applications, the market is most likely anticipated to showcase immense growth in the coming years. Add to this, the North American market also boasts highly established infrastructure, one which enables the high penetration of devices and subsequently offers better connectivity. The growing need for innovations and advancement in the tech landscape is another key factor that can be attributed for the growth of the regional market.
Elsewhere, the Asia Pacific region is reportedly anticipated to experience a relatively fast paced adoption of the technology and is expected to grow during the forecast period at a considerably high rate. This is due to the increasing adoption of smartphones herein, the growing applications on smartphones, and the vast population base.
Industry Updates
May 22nd, 2019, a top executive from Huawei mentioned that the company can launch its very own operating system for laptops and smartphones in China later this year.
May 24th, 2019, KaiOS made an announcement of raising USD 50 million in a Series B funding round that was led by Cathay Innovation.