Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Product Type (Android, iOS, Windows, Blackberry Operating System, Other), By Distribution Channel (OEM, Retailer, e-Commerce) And Competitive Landscape
Product Code: ETC055960 | Publication Date: Feb 2021 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Africa Smartphone Market |
ย Base Year | 2022 |
ย Historical Period | 2019-2022 |
ย Forecast Period | 2023-2029 |
ย Growth Rate (CAGR) | 6.60% |
ย Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
ย Segment Coverage | By Countries, By Product Type, By Distribution Channel |
ย Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert atย sales@6wresearch.comย |
ย Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Africa Smartphone Market report thoroughly covers the market by countries, by product type, and distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Smartphone Market is one of the fastest-growing in the world, driven by a burgeoning young population, surging urbanization, and growing digital connectivity. The demand for smartphones has surged across the continent due to rising disposable incomes, growing tech-savvy consumer base, and improved internet accessibility. The Africa smartphone industry is experiencing robust growth, driven by rapid urbanization, rising disposable incomes, and a growing youth population. Africa has one of the youngest populations globally, and this demographic is progressively tech-savvy, contributing to the surge in smartphone adoption.
According to 6Wresearch, the Africa Smartphone Market is projected to grow at a CAGR of 6.60% during the forecast period of 2023-2029. Several factors contribute to the robust growth of the market. One significant driver is the increasing urbanization rate, which is proliferating demand for connected devices. Additionally, the youth demographic exhibits a strong affinity for technology, driving the adoption of smartphones for communication, entertainment, and productivity. However, affordability remains a significant barrier for many consumers, as a substantial portion of the population still falls within lower income brackets. Additionally, limited access to reliable internet in some regions hampers the full potential of smartphone usage. Moreover, infrastructural shortfalls could impede the distribution and servicing of smartphones in certain areas. Moreover, the market faces threats from counterfeit and substandard devices, which erode consumer trust and hinder the growth of legitimate smartphone manufacturers. In recent years, there has been a noticeable trend towards the adoption of smartphones with longer battery life and enhanced processing power. Additionally, a shift towards e-commerce and mobile payment solutions is reshaping consumer behavior, with more individuals using smartphones for online shopping and financial transactions. The Africa smartphone market size had been expanding, with countries like Nigeria, South Africa, and Kenya emerging as key markets.
The African governments have implemented policies that encourage smartphone components to be sourced locally. The main aim of this policy is to promote local manufacturing and boosting the economy. Moreover, governments in certain African countries have offered tax incentives to smartphone manufacturers to set up local assembly plants. This helps in reducing the cost of locally produced smartphones. Various governments have launched programs to increase digital literacy and provide access to affordable smartphones for underserved populations, aiming to bridge the digital divide.
The pandemic led to disruptions in global supply chains, affecting the availability of components needed for smartphone production. With lockdowns and restrictions in place, there was a surge in demand for smartphones for remote work and entertainment, leading to an increase in sales. The pandemic accelerated the adoption of e-commerce and digital payment platforms, further driving the demand for smartphones. Some smartphone manufacturers faced delays in product launches and availability due to logistical issues caused by the pandemic.
There are several companies operating in the Africa Smartphone Market:
According to Shivankar, Research Manager, 6Wresearch, Android segment is one of the fastest-growing in the Africa Smartphone Market due to its affordability and accessibility to a broad consumer base.
By Distribution Channel, the E-commerce distribution channel is one of the significant and expected to lead the Africa Smartphone Market share over the years, driven by the increasing internet penetration and the convenience of online shopping.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Smartphone Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Smartphone Market Revenues & Volume, 2019 & 2029F |
3.3 Africa Smartphone Market - Industry Life Cycle |
3.4 Africa Smartphone Market - Porter's Five Forces |
3.5 Africa Smartphone Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Africa Smartphone Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.7 Africa Smartphone Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4 Africa Smartphone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Smartphone Market Trends |
6 Africa Smartphone Market, 2019 - 2029 |
6.1 Africa Smartphone Market, Revenues & Volume, By Product Type, 2019 - 2029 |
6.2 Africa Smartphone Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
7 South Africa Smartphone Market, 2019 - 2029 |
7.1 South Africa Smartphone Market, Revenues & Volume, By Product Type, 2019 - 2029 |
7.2 South Africa Smartphone Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
8 Nigeria Smartphone Market, 2019 - 2029 |
8.1 Nigeria Smartphone Market, Revenues & Volume, By Product Type, 2019 - 2029 |
8.2 Nigeria Smartphone Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
9 Kenya Smartphone Market, 2019 - 2029 |
9.1 Kenya Smartphone Market, Revenues & Volume, By Product Type, 2019 - 2029 |
9.2 Kenya Smartphone Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
10 Rest of Africa Smartphone Market, 2019 - 2029 |
10.1 Rest of Africa Smartphone Market, Revenues & Volume, By Product Type, 2019 - 2029 |
10.2 Rest of Africa Smartphone Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
11 Africa Smartphone Market Key Performance Indicators |
12 Africa Smartphone Market - Opportunity Assessment |
12.1 Africa Smartphone Market Opportunity Assessment, By Countries, 2022 & 2029F |
12.2 Africa Smartphone Market Opportunity Assessment, By Product Type, 2022 & 2029F |
12.3 Africa Smartphone Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
13 Africa Smartphone Market - Competitive Landscape |
13.1 Africa Smartphone Market Revenue Share, By Companies, 2022 |
13.2 Africa Smartphone Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |