Smartphones are expected to record slight decline over the forecast period as sales conditions are set to remain unfavourable. Whilst inflationary pressure will gradually ease, the impact of interest hikes and economic slowdown in the country will limit the market’s opportunities.
Xiaomi is set to attract more consumers and gain credit with its innovative ‘Own My Voice’ project, which allows speech-impaired consumers to use a unique, ‘personalised’ artificial voice to communicate with text-to-speech. This is an important leap forward compared to the standardised and monotone voice usually used by these services.
Smartphones have increasingly been regarded as small computers where consumers can access photos, videos and various applications in rising resolution. This boosted the popularity of smartphones with large screens (6-inch +).
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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.
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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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