In 2023, mobile phones will enter a decline and continue this trend throughout the forecast period. Whilst feature phones will continue to see by far the worst results, the category will continue to survive the forecast period by targeting very price-sensitive consumers.
The stagnation of the smartphone category has been seen over the past few years, due to the expense of such models under a difficult economic climate as well as the category starting to reach maturity. Both factors will continue to negatively impact the growth prospects of smartphones in the Czech Republic over the coming years and the former will lead to greater demand for second-hand phones.
It is possible that the current shortage of microchips might take longer than a few months to resolve. With demand for microchips high, manufacturers of this technology will need to increase their production capacity and built new production facilities – activities that will take a notable amount of time.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Mobile Phones industry in Czech Republic 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 Czech Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 Definitions
This report originates from Passport, our Mobile Phones research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!