Global smartphone market to grow 24% in 2014 - MIC

Friday 11 July 2014 | 16:09 CET | News
The global mobile phone market is expected to grow 3.0 percent this year to around 1.88 billion units, according to Taiwan's Market Intelligence and Consulting Institute. Smartphones will account for around 65 percent of the market, growing by an estimated 23.6 percent to 1.22 billion units. MIC predicts the global smartphone market will continue to grow in double digits, to 1.88 billion units in 2018, driven by demand in emerging markets. In North America and Western Europe, the market growth is expected to slow to around 7 percent this year, to 300.2 million smartphones sold. The share of

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Categories: Mobile & Wireless
Countries: World
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