Smartphone Market Update -- The Markets, Manufacturers, And Devices That Will Drive Future Growth

We are entering the late stages of smartphone adoption across the globe.

Going forward, future shipments growth will come from emerging markets like China, India, and their surrounding regions.

There are still a multitude of mobile subscribers in developing regions who either haven’t had enough incentive to upgrade to smartphones or have been trapped under limited network connections that made smartphones unattractive. But 3G and 4G networks are becoming more and more pervasive around the world. To keep up, multiple vendors are upping their presence in these new growth markets with competitively-priced handsets, which will drive new demand.

In a new report from BI Intelligence, we forecast out the next five years of smartphone shipments, break down where most of this future growth will come from, and examine smartphone innovation in the context of all this late-stage growth to decide whether innovation will be sustainable, or if the market will be so commoditized that all competition will boil down to price.

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Here are some of the key facts from our forecast of the next five years in smartphone shipments:

In full, the report:

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