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Wireless

Smartphone market to show 25% CAGR to 2017

Thursday 3 May 2012 | 12:50 CET | News
Smartphones will outperform the overall market for mobile phones, growing at a compound annual growth rate of 24.9 percent for the period 2011–17 to reach 1.7 billion units, according to Ovum. The total mobile phone market will grow at a slower 6.3 percent CAGR over the period, driven primarily by demand from emerging markets where connection growth will continue to fuel handset shipments. New shipments in developed markets, such as North America and Western Europe, will be almost entirely made up of smartphones, while feature phones will continue to play a small role in emerging markets in

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Categories: Mobile & Wireless
Companies: Apple / Google / Nokia / Ovum / Research In Motion
Countries: World
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