Ronnie05's Blog

Smartphone market to double in next five years

Posted in Mobile Devices and Company Updates by Manas Ganguly on December 11, 2009

Pyramid Research has calculated that the smartphone market will increase from 16% of global handset sales this year to 37% of the market in 2014. It says emerging markets will account for most of the sales; although the USA is currently the world’s leading country for smartphone sales, this leadership will switch to China in 2010. Brazil, India, Turkey, and Nigeria will be the fastest-growing markets over the next five years, with Latin America becoming the fastest-growing region.

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