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Dual SIM Smartphones - Global Strategic Business Report

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    Report

  • 303 Pages
  • June 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4721431

Global Dual SIM Smartphones Market to Reach 4.6 Billion Units by 2030

The global market for Dual SIM Smartphones estimated at 1.8 Billion Units in the year 2023, is expected to reach 4.6 Billion Units by 2030, growing at a CAGR of 14.4% over the analysis period 2023-2030.

The U.S. Market is Estimated at 552.4 Million Units, While China is Forecast to Grow at 13.7% CAGR

The Dual SIM Smartphones market in the U.S. is estimated at 552.4 Million Units in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of 792.2 Million Units by the year 2030 trailing a CAGR of 13.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 12% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.

Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 106 Featured):

  • Asustek Computer Inc.
  • BBK Electronics Corp.
  • Coolpad
  • G`Five International Ltd.
  • Gionee Communication Equipment Co. Ltd.
  • HTC Corporation
  • Huawei Technologies Co. Ltd.
  • Lenovo
  • LG Electronics
  • Meizu Telecom Equipment Co. Ltd.
  • Micromax Informatics Ltd.
  • Microsoft Corp.
  • Motorola Mobility LLC
  • OPPO Electronics Corp.
  • Samsung Electronics Co., Ltd.
  • Sony Mobile Communications Inc.
  • TCL Communication Technology Holdings Ltd.
  • Vivo Communication Technology Co. Ltd.
  • ZTE Corporation

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Mobile Communications Sector: An Introductory Prelude
  • Recent Market Activity
  • Smartphone Stirs the Dynamics in the World Communications Sector
  • Dual SIM Smartphones: The Power of Two Smartphones in One Device
  • Future Prospects Remain Highly Favorable for Dual SIM Smartphones
  • Developing Countries Continue to Dominate Global Sales & Offer Lucrative Growth Opportunities
  • Dual SIM Smartphones - Global Key Competitors Percentage Market Share in 2024 (E)
  • Global Economic Update
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
  • Asustek Computer, Inc. (Taiwan)
  • BBK Electronics Corp. (China)
  • OPPO Electronics Corp. (China)
  • Vivo Communication Technology Co. Ltd. (China)
  • Coolpad (Cayman Islands)
  • G'Five International Ltd. (China)
  • Gionee Communication Equipment Co. Ltd. (China)
  • HTC Corporation (Taiwan)
  • Huawei Technologies Co., Ltd. (China)
  • Lenovo (China)
  • Motorola Mobility LLC (USA)
  • LG Electronics, Inc. (South Korea)
  • Meizu Telecom Equipment Co., Ltd. (China)
  • Micromax Informatics Ltd. (India)
  • Microsoft Corporation (USA)
  • Sony Mobile Communications, Inc. (Japan)
  • Samsung Electronics Co., Ltd. (South Korea)
  • TCL Communication Technology Holdings Ltd. (China)
  • Xiaomi (China)
  • ZTE Corporation (China)
3. MARKET TRENDS & DRIVERS
  • Dual SIM Smartphones Gain Traction Amid Rising Popularity of Mobile Devices Offering Enhanced Portability & Flexibility
  • Consumer Interest for More than One SIM Builds Momentum for Dual SIM Devices
  • Key Facts Reflecting Rising Popularity of Dual SIM Smartphones
  • Innovations & Advancements: Spearheading Market Growth
  • Advanced Dual SIM Smartphones from Leading Mobile Vendors Drives Momentum
  • Select Innovative & Technically Advanced Dual SIM Smartphones: Model Name, Company Name, and Noteworthy Features
  • Prevailing Trends in the Mobile Device Landscape Strongly Favor Wider Uptake of Dual SIM Smartphones
  • Exponential Rise in 4G LTE Networks
  • Comparison of Wireless Broadband Technologies
  • Expanding Internet User Base & Consumer Appetite for Mobile Data
  • Social Networking on the Move
  • Proliferation of Wireless Gaming
  • Growing Enterprise Mobility and the BYOD Culture
  • Android OS Crafts Stellar Momentum in Dual SIM Smartphone Vertical
  • Latest Android OS Versions Enhance Device Functionality
  • Replacement Sales Spur Demand
  • Dual SIM Smartphones as Entertainment Devices Heralds the Advent of Dual SIM ‘Phablets’
  • Value-Added Services Elevate Scope & Span of Dual SIM Smartphones
  • E-Marketing Channels Emerge Into a Major Retailing Avenue
  • Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
  • Rapid Growth in Urban Households
  • Rising Living Standards
  • Burgeoning Middle Class Population
  • Issues & Challenges Curtailing Market Prospects for Dual SIM Smartphones
  • Triple SIM Smartphones
  • Technical Widgets for Converting Single SIM Phones to Dual SIM
  • Onoff App and SIM Card Adapters
  • e-SIM Cards
  • Fake Devices
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Dual SIM Smartphones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Dual SIM Smartphones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Dual SIM Smartphones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
  • Table 4: World Dual SIM Smartphones Market Analysis of Annual Sales in Thousand Units for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 5: USA Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 6: USA Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
CANADA
  • Table 7: Canada Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 8: Canada Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
JAPAN
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 9: Japan Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 10: Japan Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
CHINA
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 11: China Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 12: China Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
EUROPE
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 13: Europe Recent Past, Current & Future Analysis for Dual SIM Smartphones by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2023 through 2030 and % CAGR
  • Table 14: Europe Historic Review for Dual SIM Smartphones by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
  • Table 15: Europe 16-Year Perspective for Dual SIM Smartphones by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
FRANCE
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 16: France Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 17: France Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
GERMANY
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 18: Germany Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 19: Germany Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
ITALY
  • Table 20: Italy Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 21: Italy Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
UNITED KINGDOM
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 22: UK Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 23: UK Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
REST OF EUROPE
  • Table 24: Rest of Europe Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 25: Rest of Europe Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
ASIA-PACIFIC
  • Dual SIM Smartphones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 26: Asia-Pacific Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 27: Asia-Pacific Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
REST OF WORLD
  • Table 28: Rest of World Recent Past, Current & Future Analysis for Dual SIM Smartphones by Segment - Dual SIM Smartphones - Independent Analysis of Annual Sales in Thousand Units for the Years 2023 through 2030 and % CAGR
  • Table 29: Rest of World Historic Review for Dual SIM Smartphones by Segment - Dual SIM Smartphones Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2014 through 2022 and % CAGR
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Asustek Computer Inc.
  • BBK Electronics Corp.
  • Coolpad
  • G`Five International Ltd.
  • Gionee Communication Equipment Co. Ltd.
  • HTC Corporation
  • Huawei Technologies Co. Ltd.
  • Lenovo
  • LG Electronics
  • Meizu Telecom Equipment Co. Ltd.
  • Micromax Informatics Ltd.
  • Microsoft Corp.
  • Motorola Mobility LLC
  • OPPO Electronics Corp.
  • Samsung Electronics Co., Ltd.
  • Sony Mobile Communications Inc.
  • TCL Communication Technology Holdings Ltd.
  • Vivo Communication Technology Co. Ltd.
  • ZTE Corporation