North America Mobile Phones Market Summary, Competitive Analysis and Forecast to 2027

North America Mobile Phones Market Summary, Competitive Analysis and Forecast to 2027
Summary

Mobile Phones in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe Mobile Phones market includes mobile phone service revenues and average minutes of use (MOU). Market values are made up of total mobile revenues containing revenues from mobile service providers and other members of the mobile service value-chain for the provision of mobile telephony services, excluding revenues from the sale of devices. Market volumes are made up of two segments: prepaid and postpaid, which consist of prepaid average monthly MOU and postpaid average monthly MOU. Minutes of use are made up from the average of voice minutes used in mobile subscriptions, including both incoming and outgoing calls, but not including M2M/IoT voice services.The North American mobile phones market had total revenues of $228.3 billion in 2022, representing a compound annual growth rate (CAGR) of 1.3% between 2017 and 2022.Market consumption volume declined with a negative CAGR of 0.2% between 2017 and 2022, to reach a total of 1,254.3 average MOU in 2022.The market decelerated in 2022 due to increase in inflation and decrease in consumer expenditure which caused changes in consumer behavior and preferences, resulting in weaker mobile revenues.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile phones market in North AmericaUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the mobile phones market in North AmericaLeading company profiles reveal details of key mobile phones market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the North America mobile phones market with five year forecasts by both value and volumeReasons to BuyWhat was the size of the North America mobile phones market by value in 2022?What will be the size of the North America mobile phones market in 2027?What factors are affecting the strength of competition in the North America mobile phones market?How has the market performed over the last five years?Who are the top competitors in North America's mobile phones market?