Phablet Vendors Expected to Capture Untapped Markets in the EMEA Region by 2019
FOR IMMEDIATE RELEASE, Illinois – United States – January 6,2015 (PR Buzz): Reportstack has announced a new market research report on the Phablets Market in the EMEA Region, which is expected to grow at a CAGR of 28.81 percent from 2014-2019.
Phablets are an attractive option for consumers who either do not want to own both a tablet and smartphone, or who cannot afford both, as they offer the features from both devices. Additionally, the introduction of 3G and 4G networks has resulted in a rise in the unit shipment of phablets in many countries like the Netherlands, Spain, the UK, Germany and France.
According to the report, phablet vendors like Samsung and LG Electronics are also investing a considerable amount of time and money in phablet R&D.
“Although vendors are coping with some significant market challenges, phablets are still expected to witness high uptake during the forecast period,” .
Furthermore, vendors are working with their respective R&D departments to come up with a better and more technologically advanced version of a phablet in the coming years. These advances in technology are essential for the growth of the Phablets Market in the EMEA Region over the projected period.
To access full report with TOC, please visit Phablets Market in the EMEA Region 2015-2019