Press release -
Wireless phone charging market led by the Samsung Galaxy S4 and Nokia Lumia
The wireless phone charging market has been forecast to reach a total of $33.6 billion by the end of 2019, increasing from a value of $3 million in 2012.
As people move to mobile devices and mobile computing, they tend to use their smart phones and tablets to access apps. These power-intensive applications mean charging of devices becomes a significant aspect of doing business.
The global industry is poised to achieve significant growth as wireless charging pads permit users to charge the phone without disconnecting/reconnecting cables to the handset.
Charging can be done anywhere just by setting the phone down, inductive charges will be in restaurants, kiosks, tables, night stands, hotels, airports, and public places.
Since the market is at a nascent stage, there are numerous opportunities in the market; such as having wireless charging embedded in commercial outlets such as café's, cinema halls, airports, and so on. Besides, embedding receivers in smartphones eliminates the need of using a sleeve
Many cell phone and smart phone vendors are making wireless power a reality. Wireless power is an emerging technology that creates a better charging experience for consumers.
Just as Wi-Fi replaced the need to use an Ethernet cable for Internet connectivity, so also wireless power is making recharging wirelessly a feature that is demanded by consumers.
Mobile manufacturers are positioning phone models with wireless charging to drive demand at the high end. Examples include the Samsung Galaxy S4, Lumia smartphone from Nokia, the Nexus 4 from LG Electronics, and the Droid DNA from Verizon Wireless and HTC.
Overall growth comes as a result of the rapid adoption of smart phones that will push the user base to 8 billion people by 2019. While wireless phone charging is considered a perquisite for a high end device, it is soon expected to become a necessary feature.
For more information on the wireless phone charging market, see the latest research: Wireless Phone Charging Market
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Topics
- Data, Telecom, IT
Categories
- wireless phone charging market
- wireless phone charging industry
Regions
- England
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