Prominent players in the market are inclined towards introducing geriatric cellular phones at an affordable price to increase their market presence and customer base. These players aim to offer special offers to end users associated with non-profit organizations such as the American Association of Retired Persons (AARP). Moreover, increasing incidents of elderly abuse and changing lifestyles in metros are anticipated to increase the adoption of geriatric cellular phones. This in turn is anticipated to drive the geriatric cellular phone market growth during the forecast period.
Key players identified in the global geriatric cellular phone market are Consumer Cellular, Inc., Koninklijke Philips N.V., Mitashi Edutainment Pvt. Ltd, iball Media Inc., Magicon Impex Pvt Ltd., GreatCall, Inc., Motorola Solutions Inc., HTC Corp, Alcatel-Lucent SA, LG Electronics Inc. and Huawei Technologies Co. Ltd.
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- The study provides an in-depth analysis of the global geriatric cellular phone market and current & future trends to elucidate imminent investment pockets.
- Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
- Porters five forces analysis illustrates the potency of buyers & suppliers that operate in the industry.
- The quantitative analysis of the global market from 2017 to 2023 has been provided to determine the market potential.
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