Launch of Jio’s 4G Handset to Fuel the Global Tablet and Smartphone Market

Posted on: Oct-2017 | By: QY Research | Electronic Device

Reliance Jio had already been in talks due to its affordable plans that it is offering to its users. And now, the company has launched its 4G enabled smartphone in the country. This handset is claimed to be the cheapest and most affordable 4G handset in the market. The launch of this handset is going to boost the profit charts of the company. And simultaneously, it is also going to power the global tablet and smartphone market. Let us have a brief look on the aspects and trends of the Global market.

Rising digitalization and growing urbanization is the main reason behind the growth of the global tablet and smartphone market. In addition to this, the growing trend among the users to own a tablet or a smartphone is also one of the major reasons that is responsible for up surging the global tablet and smartphone market. Moreover, the rising awareness among the people regarding the advantages of the owning a smart device can also be held responsible for towering the growth of the global tablet and smartphone market. Further, more and more competitors are getting down in the market making the competition tougher than ever. In order to grab the top position, the competitors are rolling out different devices with extraordinary features. Hence, customers are getting different options for buying these devices; and this factor indirectly drives the global tablet and smartphone market.

In contrast to this, even though many devices are available at affordable prices, most of the devices with desired features are out of the budget since they are associated with hefty cost. This association of huge cost to the devices is the main reason that is hampering the global tablet and smartphone market. In addition to this, the frequent dilemma of maintenance is also hindering the global tablet and smartphone market. Also, the low durability and reliability of these devices is the main reason restraining the global tablet and smartphone market.

In short, the global tablet and smartphone market have its own set of advantages and disadvantages. And the current situation seems to be in favor of the global market.