Sales of mobile phones will return to rather flat albeit positive volume growth over the forecast period. Supporting factors to this include recovering consumer spending power, as inflationary pressures ease and the overall economic outlook in the country improves.
Innovations in mobile phones will focus on enhancing convenience for consumers. For example, strong nano-tech batteries, which will allow to fully charge smartphones in less than a minute, might be introduced.
Strong innovative leaders, such as Samsung and Apple, are preparing to replace SIM cards in smartphones with a digital version, not needing the physical presence of these cards in the devices. This will allow consumers to switch between network providers without needing a new SIM card.
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Understand the latest market trends and future growth opportunities for the Mobile Phones industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Mobile Phones industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Mobile Phones
Any device capable of telecommunication over a cellular network of base stations. Mobile phones can come with functions including camera, video and internet access.
See all of our definitionsThis report originates from Passport, our Mobile Phones research and analysis database.
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