Mobile User Interface Services Market is set to proliferate moderately at a healthy CAGR during the forecast period 2016 to 2027

Market Insights:

Market Research Future (MRFR)’s latest study projects that the global user interface services market is set to proliferate moderately at a healthy CAGR during the forecast period 2016 to 2027. The growth of the market is directly dependent on the penetration of smartphones. The exponential production and consumption of smartphones are the key factors driving the expansion of the mobile user interface services market. According to a report published, the number of smartphones sold worldwide added up to 170 million in 2009 which stood at more than 1.4 billion by 2015 generating revenue of USD 400 Bn.

The technological advancements are one of the primary factors responsible for speeding up the mobile user interface services market proliferation. The technological upgradations fuel demand in the market and catalyze revenue creation for the market players. For instance, 3D displays are a new trend expected to steer growth in the mobile user interface services market.

The large-scale penetration of mobile applications has intensified the competition in the market. The growth of e-commerce and rapid digitalization are expected to aid the mobile user interface services market growth passively. The growth trajectory of the market is guided by the expansion, diversification, and upgradation strategies implemented by the market players.

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Market Segmentation:

By UI hardware, the mobile user interface services market is segmented into display panels, controller ICs, cover glass, and MEMS.

By platform, the global mobile user interface services market has been segmented into Android, iOS, and windows.

By application, the mobile user interface services market is segmented into smartphone and tablet.

Regional Analysis:

By region, the global mobile user interface services market has been segmented into North America, Europe, Asia, and Rest of the World. North America currently holds the most significant share of the global market and is expected to retain its position over the assessment period. The high rate of smartphone consumption is one of the key factors responsible for encouraging the mobile user interface services market proliferation in the region. The U.S. is expected to lead the regional market in terms of revenue during the forecast period. Another factor favoring the market expansion in North America is the continuous technological advancements and its adoption. Europe is the second largest market for mobile user interface services and is likely to remain an important growth pocket over 2027. Asia Pacific is forecasted to register a relatively higher CAGR. The growth is attributable to the high demand for smartphones in China and India.

Competitive Dashboard:

Some of the key players profiled in the report are Apple Inc. (U.S.), LG (South Korea), HTC (Taiwan), Google (U.S.), Microsoft Corporation (U.S.), Samsung (South Korea), Qualcomm Inc. (U.S.), Rossul Design (Canada), Adobe (U.S.), and Fujitsu (Japan).

Industry Developments:

In August 2018, Amazon India, an e-commerce giant, has started experimenting with a Hindi user interface for its mobile website.

In August 2018, Google has optimized its Facetime application competitor, Google Duo, for Android and iOS tablets. The upgrade comes with a smooth and customized user interface for easy setup.

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