Friday, January 2, 2015

SmartPhone Market Growth

According to an IDC mobile phone forecast, Smartphone market growth is a mixed bag.

In mature markets, 2014 year-over-year growth has slipped to 4.9%. By contrast, the growth level is 32.4% in emerging markets.

The average price for a smartphone in mature markets is more than $400(US). By contrast, the average smartphone costs less than $250(US) in emerging markets.

During 2014, IDC predicts that 1.25 billion smartphones will be sold worldwide. This is a 23.8% increase over 2013. By 2018, IDC expects the number to grow to 1.8 billion smartphones.

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