Qatar Smartphone Market Historical Analysis, Opportunities, Latest Innovations, Top Players Forecast 2019-2025

[Feb, 2019] The Qatar smartphone market size is likely to reach USD 2.15 billion by 2025, experiencing a CAGR of 2.5% during the forecast period. In 2017, around 5.9 million products were sold in Qatar and the sales are estimated to increase at a significant rate over the forecast period.

Surging demand for virtual/augmented reality gaming among professional gamers and youth is expected to drive the market over the forecast period. Excessive use of consumer electronics and technologically advanced phones among youth in Qatar is creating the need for frequent replacement of existing as well as outdated phones. Additionally, rising inclination of youth population towards communication and entertainment is anticipated to spur smartphone demand in this country.

Reducing prices, coupled with technological advancements, are projected to promote product sales among different age groups in the country, including individuals that belong to the age group of 15-54. Increasing number of mobile broadband connections and growing online sales are further poised to bolster market growth over the forecast period.

A few notable trends such as gifting electronic consumer devices to close relatives and friends, especially during promotions and discounts on smartphones in the country, are likely to boost product sales in Qatar over the forecast period. Additionally, in 2018, promotions and discounts offered by various smartphone brands evoked a significant response among customers in Qatar. Discounts on high- and mid-range phones offered by Samsung, Huawei, Sony, LG, and Xiaomi played a vital role in driving sales of phones in the country.

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Further key findings from the study suggest:

• Increasing disposable income of consumers, coupled with widespread internet penetration, has been escalating the growth of the market in the country

• Widespread use of smartphones in various application verticals, including military and defense, healthcare, fashion, manufacturing, and real estate, is expected to fuel the demand for products with a large screen, specifically phones with a screen size of 5.5 inches and above

• In 2017, the above USD 400 segment accounted for more than 45.0% of the overall market revenue. Burgeoning demand for premium products in Qatar can be attributed to high-priced devices and offering them as gifts, which is often perceived as a status and reputational symbol among customers in the country

• Additionally, many expatriates visiting their home in Qatar for a short span of time are inclined towards purchasing low-priced smartphones for temporary use. This is estimated to contribute to the growth of the up to USD 199 segment over the forecast period

• The prominent industry players, including Samsung, Huawei, and Sony, are adopting different promotional and product differentiation strategies for sales and distribution of smartphones in Qatar

• These strategies include high discounts for mid & high-range phones. These players are also focusing on R&D to provide value-added features and enhance performance of the final product.

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Table of Contents:

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources

Chapter 2. Executive Summary

Chapter 3. Qatar Smartphone Industry Outlook
3.1. Market Segmentation
3.2. Market Size and Growth Prospects, 2014 - 2025
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint/challenge analysis
3.4.3. Market opportunity analysis
3.5. Key Opportunities - Prioritized
3.6. Industry Analysis - Porter's Five Forces Analysis
3.7. PEST Analysis

Chapter 4. Qatar Smartphone Market: Operating System Outlook
4.1. Qatar Smartphone Market Estimates and Forecasts, By Operating System, 2017 & 2025 (USD Million; Million Units)
4.1.1. Market estimates and forecasts, by operating systems, 2014 - 2025 (USD Million; Million Units)
4.1.2. Android
4.1.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million; Million Units)
4.1.3. iOS
4.1.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million; Million Units)
4.1.4. Windows
4.1.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million; Million Units)
4.1.5. Others
4.1.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million; Million Units)

Continued...

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