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102 views26 pages

Project On Mobile Handset Industry

Uploaded by

shikha55bhardwaj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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INTRODUCTION

MOBILE HANDSET INDUSTRY

The mobile handset industry refers to the industry that produces and sells mobile phones or cell
phones, which are portable telephones that can make and receive calls over a radio frequency
link while the user is moving within a telephone service area. Modern mobile telephone services
use a cellular network architecture, and mobile phones support a variety of services beyond
telephony, such as text messaging, multimedia messaging, email, Internet access, short-range
wireless communications, satellite access, business applications, payments, multimedia playback
and streaming, digital photography, and video games.

Mobile Handset Industry in India:-

The mobile handset industry in India has witnessed tremendous growth over the past two
decades, transforming the country into one of the largest mobile markets in the world.

Mobile phone manufacturing in value terms jumped 21-fold to ₹4.1 lakh crore in India in the last
10 years as government policy measures like the PLI scheme played a critical role in attracting
global players to boost local production, industry body India Cellular and Electronics
Association (ICEA) said in a statement.

India now produces 97% of its total mobile phone demand locally and 30% of the total
production in the financial year 2024 is meant for export, it said.

"Mobile phone production surged from ₹18,900 crore in 2014-15 to an estimated ₹4,10,000
crore in FY24, registering an increase of 2,000%. In 2014-15, mobile phone exports from India
were a mere ₹1,556 crore. The industry expects to end FY24 with an estimated export ₹Rs
1,20,000 crore. This would mean a 7,500% increase in exports over a decade," ICEA said.

According to a note on manufacturing, in the field of smartphones, Apple and Samsung, have
played a crucial role in boosting mobile phone exports from the country.

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Devices manufactured in India are exported to the United Kingdom, the Netherlands, Austria,
and Italy, the note said, adding that these devices were exported to West Asia, North Africa and
South American markets.

"30% of production in FY24 will now be meant for exports. The industry expects to end FY24
with an estimated export of ₹1.2 lakh crore. Driven by this export growth, mobile phones have
now become India's fifth largest export as an individual commodity," the industry body said.

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CURRENT PROFILE OF THE INDUSTRY

Smartphones Market is Set to Grow Due to Factors Like Increased Disposable Income, Improved
Telecom Infrastructure, Affordable Handsets, and Frequent Product Launches. With the Highest
Number of Mobile Phone Users, China, India, and the US Lead the Market. Key Players are
Strategically Collaborating to Enhance Services and Maintain Competitiveness. Rising
Consumer Interest in 5G Gadgets is Influencing Manufacturers to Include 5G Chips in Their
Devices. The Market is Also Driven by Lower Prices, Improved Cellular Phone Design, and the
emergence of 4G and 5G Network Technologies.

SMART PHONE MARKET ANALYSIS: -

The Smartphones Market size is estimated at USD 1.51 billion in 2024, and is expected to reach
USD 1.85 billion by 2029, growing at a CAGR of 4.10% during the forecast period (2024-2029).

Factors such as increasing disposable income, the development of telecom infrastructure, the
emergence of budget-centric smartphones, and an increasing number of product launches
contribute to the smartphone market growth in Asian countries.

• The smartphone industry has steadily developed and grown in market size and models.
According to BankMyCell, by January 2024, there would be 6.93 billion mobile phone users
worldwide, representing 85.74% of the world's population. The number of people who own a
smart and feature phone is 7.41 billion, making up 91.68% of the world's population.

• The key players in the market are involved in strategic partnerships to improve their service
offerings and remain competitive. In January 2024, Ncell introduced an enticing collaboration
with Samsung for the pre-order launch of the Galaxy S24 series smartphones. As part of that
partnership, Ncell is offering its users attractive bundled services and special facilities
exclusively. The Ncell LUX number of their choice will be available to the initial 500 customers
who pre-book a Samsung Galaxy S24 series smartphone.

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• Consumer interest in 5G devices is growing. Thus, chipmakers are pushing manufacturers to
include 5G chips in their new smartphone lineup.

• The government is taking appropriate actions on network development and expansion. For
instance, in February 2023, the Central Government of India planned to set up 100 laboratories
in engineering institutes all over India to develop 5G applications for different sectors.

• According to the budget documents for 2023-24, the Centre also provided INR 5.56 Crore
(USD 680.48 Million) to set up a 5G test site. For the financial year 2023, the Centre for
Development of Telematics and Research and Development of the Department of
Telecommunications will receive INR 550 Crore (USD 673.14 Million), compared to INR 500
Crore (USD 611.95 Million) for the financial year 2022-23.

• The COVID-19 pandemic severely disrupted the smartphone market's balance between supply
and demand. Since China is the global manufacturing center for most of these devices and
components, and with the nationwide lockdown, the smartphone manufacturing sector has been
adversely hit by delayed shipments and weakened development of next-generation products. The
country also witnessed being choked off by suppliers, workers, and logistics networks.
Moreover, consumer demand for smartphones, especially in the premium segment, declined due
to customers' tendency to cut down on luxury spending and focus on essentials due to the
pandemic.

• Smartphones are experiencing rapid growth due to various factors, such as lower product costs,
improved handset design and functionality, the expansion of global mobile email and browsing
services, the emergence of 4G and 5G network technologies, rising competition among mobile
carriers, and the standardization and upgrading of operating systems.

• Smartphones played an incredibly important role amid the widespread coronavirus pandemic,
and this continued even after the pandemic was over, as almost all government services, health,
education, financial services, and so on went online, with smartphones serving as a more
accessible and more affordable gateway to access these services.

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SMART PHONES MARKET TRENDS

Android Operating System is Expected to Grow Significantly

• According to a StatCounter report released in December 2023, Android remained the world's
most popular mobile operating system, with a market share of 70.48%, while iOS accounted for
roughly 28.8%.

• Furthermore, many application developers prefer Android OS to develop gaming/entertainment


applications, social media applications, mobile utility applications, and lifestyle applications, as
it requires the developers to know languages such as C++, Kotlin, and Java, among others.
Moreover, Google also offers various development tools, such as Android Jetpack, Firebase, and
AndroidSDK, to assist developers in building a user-intuitive interface.

• Additionally, the platform allows users to download applications free of cost. However, the
applications are designed to offer in-app purchases and in-app course subscriptions that have
generated more revenue in Google Play Stores than in Apple Stores.

• The increasing demand for high-speed data connectivity for integrated IoT (Internet of Things)
applications, such as energy management and smart home products, is anticipated to propel the
adoption of 5G smartphones.

• In December 2023, POCO unveiled its new Series named POCO M6 with 5G support, which
raises the bar for smartphone imaging and luxurious design. POCO M6 5G delivers a screen size
of 17.12 cm (6.74 inches) HD+ display with a Mobile Height of 168 mm, Depth of 8.19 mm, and
Weight of 195 g. POCO M6 5G packs with 50MP AI Dual-Camera System and 5MP Front
Camera. POCO M6 5G powered by the MediaTek Dimensity 6100+ Octa Core Processor. The
smartphone comes with 4GB RAM and 128GB Storage, which is expandable up to 1TB.

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Asia-Pacific is Expected to Hold a Significant Market Share

• Asia-Pacific is one of the significant markets for smartphones, primarily owing to the highly
developing telecom sector and large customer base. Furthermore, the region is increasingly
investing in the mobile network. Countries such as India, Japan, Australia, Singapore, and South
Korea are increasingly investing in developing the domestic telecom market, which is also
expected to drive the market in the region.

• The demand for smartphones at the entry-level price points is expected to be driven by the
increasing demand from the developing countries in the region, such as India and Indonesia,
where smartphones are increasingly penetrating rural areas as local governments push for digital
and mobile economies. For instance, the Digital India program is a flagship program of the
Government of India primarily aimed at transforming the country into a digitally empowered
society.

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• Various schemes and incentives have been implemented to support India's electronics
manufacturing sector. These measures include incentives for significant investments in the
electronics value chain, promotion of exports, and action to promote semiconductor production.

• Further, the Government of India has reduced customs duties on parts of smartphones in the
Union budget of 2023 to 2024 to boost local production; in the case of the production of
smartphones, this will further increase domestic value addition. Mobile phone production in
India had increased from 5.8 crore units valued at about INR 18,900 crore in 2014-15 to 31 crore
units valued at over INR 2,75,000 crore in the last financial year (2022-23) because of various
initiatives of the government, including the `Phased Manufacturing program.'

• The key vendors in the smartphone market are focusing on improving their product offerings
and introducing new products across this region. For instance, in October 2023, Google launched
the Pixel 8 Series, OnePlus launched its first foldable OnePlus Open, Vivo launched the Vivo
V29 Series, and Samsung made the Galaxy S23 FE official.

• The rise in the urban population, increased consumer awareness regarding mobile device usage,
the surging integration of AR technology, and expanding over-the-top (OTT) platform
subscriptions are expected to drive the market's expansion in the coming years.

• In mainland China, rising smartphone adoption and the availability of 4G have resulted in a
surge in mobile internet usage that supports the country's movement up the digital society value
chain. More than 990 million people use mobile internet services, which is expected to increase
by 200 million by 2025.

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8
MAJOR MARKET PLAYER OF THE INDUSTRY

The global mobile handset industry is dominated by several major players, including Samsung,
Apple, Xiaomi, OPPO, vivo and others. Here's a detailed note on the current market scenario:

Top 5 Companies

According to the IDC Worldwide Quarterly Mobile Phone Tracker, the top 5 companies in the
global smartphone market in Q1 2024 are:

• Samsung: With a market share of 20.8%, Samsung is the leading smartphone vendor,
shipping 60.1 million units in Q1 2024.

• Apple: Apple is the second-largest vendor, with a market share of 17.3%, shipping 50.1
million units in Q1 2024.

• Xiaomi: Xiaomi has taken the third spot, with a market share of 14.1%, shipping 40.8
million units in Q1 2024.

• Transsion: Transsion is the fourth-largest vendor, with a market share of 9.9%, shipping
28.5 million

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• OPPO: OPPO completes the top 5, with a market share of 8.7%, shipping 25.2 million
units in Q1 2024.

As expected, smartphone recovery continues to move forward with market optimism slowly
building among the top brands," said Ryan Reith, group vice president with IDC's Worldwide
Mobility and Consumer Device Trackers. "While Apple managed to capture the top spot at the
end of 2023, Samsung successfully reasserted itself as the leading smartphone provider in the
first quarter. While IDC expects these two companies to maintain their hold on the high end of
the market, the resurgence of Huawei in China, as well as notable gains from Xiaomi, Transsion,
OPPO/OnePlus, and vivo will likely have both OEMs looking for areas to expand and diversify.
As the recovery progresses, we're likely to see the top companies gain share as the smaller
brands struggle for positioning.

The smartphone market is emerging from the turbulence of the last two years both stronger and
changed," said Nabila Popal, research director with IDC's Worldwide Tracker team. "Firstly, we
continue to see growth in value and average selling prices (ASPs) as consumers opt for more
expensive devices knowing they will hold onto their devices longer. Secondly, there is a shift in
power among the Top 5 companies, which will likely continue as market players adjust their
strategies in a post-recovery world. Xiaomi is coming back strong from the large declines
experienced over the past two years and Transsion is becoming a stable presence in the Top 5
with aggressive growth in international markets. In contrast, while the Top 2 players both saw
negative growth in the first quarter, it seems Samsung is in a stronger position overall than they
were in recent quarters.

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About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence,
advisory services, and events for the information technology, telecommunications, and consumer
technology markets

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SWOT ANALYSIS

This SWOT analysis of smartphones leaps into why we depend so heavily on our devices, why
we shouldn’t, and what’s happening to those of us who can’t put it down

STRENGTHS: -

Smartphones are split into two types of operating systems: Android and iOS. You’ll only see iOS
on Apple-branded products, such as iPhones. But many outside companies have adopted
Android, including Samsung and Google. Both operating systems have their pros and cons, but
people will buy the next upgrade of their phone based purely on brand loyalty.
That means, someone who owns the iPhone 8 will, eventually, upgrade to the iPhone X. The
newer features are enticing, but the big factor is the customers' trust of the brand. Trust makes it
easier to say “Yes!” to an upgrade, even if it’ll cost over $1,000 just for the phone.
This isn’t just true for iPhone users. People will happily jump to the newest phone the moment it
comes out. That includes Samsung lovers or Pixel fans.

The development of smartphones has created more job opportunities too. Not just for the people
building these phones and shipping them out, but for people who create apps.
Whether you want to track calories, learn meditation, or play the latest mobile game, there’s
likely an app available on both Android and iOS. Mobile games often come packed with in-game
purchases — that’s where game companies like Candy Crush make their millions. But you can
only make that kind of money if your app is popular, of course. Too many apps are created and
left for dead in the marketplace, never to be downloaded by anyone.

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WEAKNESSES: -

Attention. Where is yours right now?

People have been growing weary about the ways smartphones zap users’ attention. In schools,
teachers can’t give successful lectures while people are trying — none too discreetly — to
respond to texts, messages, or chat on social media using their smart devices. While smartphones
were initially touted for their ability to increase communication from anywhere in the world, it’s
now become a device of relentless ads, notifications, and messages.
Additionally, people are putting their entire lives on their devices. From pictures to saved
passwords for every site they use, it’s not uncommon for a stranger to say their phone is their
life. But that puts us at risk for data and security breaches. If someone gets access to your phone,
what else can they have? Your credit card info? PayPal access? The login to your bank?
Despite putting everything you can fit onto these smart devices, which can have over 200
gigabytes of storage — more than some Apple computers! — these phones aren’t a replacement
for laptops or computers.

OPPORTUNITIES: -

Smartphones, once the heroes of rapid technological growth, are slowly transforming into an
incomplete device.

Companies already sell unique phone cases, covers, and sleeve to jazz up your device. They
provide protectors to not crack or shatter your screen. But now the companies who create your
favorite device can take away basic and necessary features to sell it right back to you. Buying the
product afterwards only proves to the company they can take it away
Additionally, we’re more at risk than ever to have our information stolen from security breaches.
Every day a new but popular website reveals they were hacked. Logins, credit card info, and
passwords are swiped, leaving you vulnerable, especially if you use the same password for other
accounts. You can use programs that change your passwords or make them difficult to crack, but
companies have to be ready for these attempted breaches.

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THREATS: -

Our smartphones are prone to internet and security flaws.

It’s possible to get spyware, a type of software allowing your information to be stolen, on your
smartphone device —regardlessif it uses Android or iOS. You could end up downloading a
perfectly normal-looking app that instantly installs this spyware without your knowledge.

Then, as you surf around using your apps, it secretly collects the data and sends it to someone
who can use it against you. This is becoming common but the Google Play Store (for Android)
has upped its security to prevent this from becoming an everyday occurrence.

Additionally, when you use the internet, it’s possible to come across the ad and click fraud. You
accidentally click on an ad that says your device is compromised! But that’s not true. If you
download the software, they suggest then it’s comprised. You may have your credentials and
information stolen.

Even though this may seem obvious. But your grandmother or child, both less tech-savvy than
you, are prime targets. And that’s exactly what these scammers are hoping for. Smart devices
become a vehicle for these types of scams, and there’s only so much the company and operating
system can do.

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ISSUES AND CHALLENGES OF THE INDUSTRY

The mobile handset industry is facing several challenges that are affecting its growth and
profitability. Some of the key issues and challenges are:

High Inflation Rates

High inflation rates are a major concern for the industry, as they lead to higher prices and
reduced consumer demand. In the US, for example, smartphone shipments dropped by 17% in
Q1 2023 due to high inflation rates.

Inventory Management

Inventory management is another challenge facing the industry. Manufacturers have been
producing higher quantities of devices, leading to surplus inventory and eroded profits. This
surplus inventory has resulted in hefty discounts and promotions, creating instability for
manufacturers.

Supply Chain Disruptions

Supply chain disruptions, such as those caused by the COVID-19 pandemic, are affecting the
industry's ability to produce and deliver devices. Component shortages, such as those faced by
Apple, are also a major concern.

Economic Uncertainty

Economic uncertainty, including the ongoing Ukraine war, is affecting consumer spending
habits, leading to reduced demand for mobile handsets.

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Sustainability and E-waste

The industry is also facing challenges related to sustainability and e-waste. The growing right to
repair movement is pushing manufacturers to adopt more sustainable practices, such as providing
repair options and reducing electronic waste.

Market Competition

The mobile handset industry is highly competitive, with several players vying for market share.
This competition is leading to reduced profit margins and increased pressure on manufacturers to
innovate and differentiate their products.

Overall, the mobile handset industry is facing several challenges that need to be addressed to
ensure sustainable growth and profitability.

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IMPORTANCE OF ARTIFICIAL INTELLIGENCE IN INDUSTRY

Artificial Intelligence (AI) has become a game-changer in numerous industries, and


mobile technology is no different. We once believed that 5G, touch screens, and
foldable displays would revolutionize smartphones. However, the advent of AI has
brought about a paradigm shift, fundamentally reshaping the landscape of mobile
technology. In this blog post, we will explore how AI is revolutionizing mobile
technology and shaping the future of smartphones.

With the increasing use of smartphones, AI-based app development companies are eager to
launch next-level AI mobile apps to empower their customers’ businesses. Mobile applications
with built-in AI capabilities offers personalized results. So, mobile users can quickly explore
unlimited products and services they look for.
Moreover, the iOS and Android platforms are merging could-based AI and inbuilt AI for
accelerating the technology even more.

Top ways AI is enhancing mobile app technology

1.AI Plus IoT Technology


The future of mobile technology will be smarter with AI technology. Industries are heavily
investing in the development of innovative mobile apps. The AI and IoT-based smartphone
applications create a personalized user experience. Besides, such mobile applications can gather,
store, and process vast user data in real-time. It means mobile users can use the complete benefits
of AI technology

2.Visual Search Engines

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Artificial intelligence in mobile applications rushed a step even forward with visual search
technology. Mostly, we can search for our desired product through text or even voice. But, the
advancements in AI technology made it simpler.
Now you can find a product by just uploading its image. This feature is greatly useful when we
don’t know the product name to buy. AI-powered Google Lens app is the best example of visual
search technology. It helps you in searching for objects that you see. Compared to the text-based
or voice-based search, visual search ensures accurate and faster results.

3.Enhanced App Authentication


Artificial Intelligence in mobile technology is useful for app authentication. As technology is
growing, the possible threats will also increase. It means mobile app developers should provide
advanced data security using intelligent technologies like AI. AI in mobile technology easily
detects vulnerable acts by continuously monitoring user behavior.

Thus, the artificial intelligence in smartphones or androids sends alerts to the users about
possible threats. It is possible by integrating Machine Learning (ML) and predictive analytics
into your mobile apps.

Few popular mobile applications that feature AI in smartphones.

• Siri
Siri is one of the world’s famous AI assistants. It allows you to manage hands-free calling,
messaging on the go. With a simple command, Hey Siri, this virtual assistant to cope with your
tasks.

As a leading AI mobile app developer company USM can develop an AI mobile app like Siri.

• Google Assistant

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Now, you can control all household smart appliances with Google assistant. This AI-powered
virtual assistant controls compatible home devices, mobile voice searching, real-time translation,
and many more.

.CORTANA
It is another best AI virtual assistant app for a smartphone. Cortana app on your mobile set
reminders, manage your tasks, open apps on your desktop, and much more.

These are the few of the voice-enabled virtual assistants that are empowered with artificial
intelligence technology. These intelligent apps and assistants are propelling the growth of AI in
the coming future.

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APPLICATION OF EMERGING TECHNOLOGIES

In the ever-evolving landscape of mobile app development, staying abreast of emerging


technologies is paramount to creating innovative and competitive applications.

As we venture further into the digital age, several cutting-edge technologies are reshaping the
way we interact with mobile apps. In this exploration, we’ll delve into some of the most
promising emerging technologies that are leaving an indelible mark on the mobile app
development sphere.

1. Internet of Things (IoT) Integration:

The Internet of Things has transcended its initial buzzword status and is now a tangible force in
mobile app development, IoT involves connecting devices and systems to the internet, allowing
them to communicate.

In mobile apps, this translates to enhanced user experiences through the integration of smart
devices. Imagine a fitness app that syncs with your smartwatch to provide real-time health data
or a home automation app that allows you to control smart appliances with a few taps on your
smartphone.

The possibilities are vast, and developers are leveraging IoT to create apps that offer a more
connected and convenient lifestyle for users.

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2. Augmented Reality (AR) and Virtual Reality (VR):

AR and VR technologies have moved beyond the realm of gaming and entertainment to redefine
user interactions in mobile apps. Augmented Reality overlays digital information onto the real
world, providing users with an enriched and interactive experience.

On the other hand, Virtual Reality immerses users in a completely virtual environment. Mobile
apps are increasingly incorporating AR features, such as AR-based navigation, product
visualization, and interactive educational content.

VR, while more resource-intensive, is finding its way into applications like virtual tours, training
simulations, and virtual meetings. As these technologies become more accessible, we can
anticipate a surge in apps that leverage AR and VR to deliver captivating and immersive
experiences.

3. Artificial Intelligence (AI) and Machine Learning (ML):

The integration of AI and ML is revolutionizing how mobile apps understand, learn, and respond
to user behavior. AI-powered chatbots, voice assistants, and recommendation engines are
becoming commonplace in mobile applications.

These technologies enhance personalization, automate repetitive tasks, and offer predictive
insights. For example, an e-commerce app might use machine learning algorithms to analyze
user preferences and suggest products tailored to individual tastes.

As AI continues to advance, we can expect more sophisticated applications that adapt and evolve
based on user interactions, providing a level of customization that was once unimaginable.

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4. Edge Computing:

Edge computing is gaining prominence as a solution to address the challenges posed by the
growing volume of data processed by mobile apps. Unlike traditional cloud computing, which
involves sending data to a centralized server for processing, edge computing processes data
locally on the device or in close proximity to it.

This reduces latency and enhances the speed of data processing. In the context of mobile app
development, edge computing is particularly valuable for applications that require real-time
responsiveness, such as gaming apps or those involving IoT devices.

By pushing computation closer to the source of data, edge computing is poised to


revolutionizethe efficiency and performance of mobile apps.

5. Blockchain Integration:

Blockchain technology, known primarily for its role in cryptocurrency, is making inroads into
mobile app development, offering enhanced security and transparency.

Blockchain provides a decentralized and tamper-proof ledger, which can be leveraged for secure
data storage and transactions within apps. This is especially relevant for financial apps,
healthcare apps, and any application dealing with sensitive user data.

The decentralized nature of blockchain reduces the risk of data breaches, ensuring that user
information remains secure and unaltered. As the demand for secure and transparent digital
transactions grows, we can anticipate a surge in blockchain-integrated mobile apps.

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LIMITATIONS OF LATEST TECHNOLOGY

The latest technology in the mobile handset industry, particularly 5G, is facing several
limitations. Despite being on an upward trajectory, the adoption of 5G technology is being
hindered by various factors.

Economic Challenges

The current economic conditions, including inflation and the economic fallout of the Russia-
Ukraine war, are affecting consumer spending habits, leading to reduced demand for mobile
handsets. This, in turn, is limiting the uptake of 5G technology.

Supply Chain Disruptions

Supply chain disruptions, such as component shortages, are affecting the production of mobile
handsets, including 5G devices. This is leading to delays and increased costs, making it
challenging for manufacturers to meet demand.

Affordability

The high cost of 5G devices is a significant limitation to their adoption. Many consumers,
especially in developing markets, cannot afford these devices, limiting the growth of the 5G
market.

Sustainability

The growing right to repair movement is pushing manufacturers to adopt more sustainable
practices, such as providing repair options and reducing electronic waste. However, this is a
significant challenge for the industry, as it requires significant changes to their business models.

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Market Competition

The mobile handset industry is highly competitive, with several players vying for market share.
This competition is leading to reduced profit margins and increased pressure on manufacturers to
innovate and differentiate their products.

Overall, the latest technology in the mobile handset industry is facing several limitations,
including economic challenges, supply chain disruptions, affordability, sustainability, and market
competition.

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CONCLUSION

The mobile app development industry is witnessing a significant transformation, driven by the
integration of advanced technologies. Artificial intelligence, augmented reality, blockchain, the
Internet of Things, and 5G are more than just buzzwords, they are actively shaping the future of
mobile applications. As these technologies continue to develop, they are set to unlock
unprecedented possibilities for app developers and businesses, enabling the creation of
innovative solutions that respond to the increasing demands of users. This evolution points to a
bright future for mobile app development, filled with endless opportunities to create more
engaging, secure, and personalized user experiences. This ongoing technological evolution is not
only pushing the boundaries of what mobile apps can achieve but also redefining the way we
interact with digital platforms, making the future of mobile app development a realm of limitless
potential and innovation.

• The mobile handset industry is expected to continue growing, driven by increasing


demand for smartphones and the adoption of 5G technology.

• The industry needs to focus on innovation, differentiation, and sustainability to stay


competitive and address the challenges it faces.

• Manufacturers need to invest in research and development to improve the performance,


battery life, and affordability of mobile handsets.

• The industry needs to work together to address the environmental impact of mobile
handsets and promote sustainable practices throughout the supply chain.

By addressing the challenges and limitations facing the mobile handset industry, manufacturers,
governments, and consumers can work together to promote sustainable growth and development
in the sector.

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REFERENCES

 THE HINDU
 MODOR INTELLIGENCE
 COUNTER POINT
 IDC
 PESTLE ANALYSIS

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