SmartPhone ‘Growth Market’ is among the new buzz words that got dropped a great deal at Mobile World Congress 2014. SmartPhone’s growth markets also referred to as developing markets, or emerging markets continuously drive smartphone sales growth for that near future. Centered on supplying essential insights on current and future trends on the planet mobile industry, each year MWC- the world’s largest trade event dedicated to the wireless industry, share the development of smartphone sales all over the world, aside from challenging and educating attendees although since the latest technological developments, next-generation services and growth strategies.
2013 saw 1 billion smartphone offered worldwide
Based on an investigation firm, Worldwide Data Corporation (IDC) – The very first time, greater than 1 billion smartphones were shipped in one year. In 2013 over 1 billion smartphones offered worldwide, showing nearly 40% overall growth. Because the Smartphone growth markets begin notifying some type of saturation, It’s likely to get rates shrink to under 10% in 2017. IDC also mentioned that – by 2017, because of receding sales in Smartphone largest markets such as the US, The European Union and Japan are anticipated to slow lower smartphones sales growth globally to eight.three percent in 2017 and 6.2 percent in 2018 from near to 40% in 2013. When we discuss for 2014, you will see reasonable transfer of how that growth continues. That’s a far departure from what we view previously, but was an unavoidable outcome.
Google’s Android will keep its tight grip on global smartphone
By 2018, Android operating-system will command the Smartphone market having a share of 76% on global smartphone shipment, states IDC. While Apple’s iOS that runs iPad and iPhone will capture 14% from the market. And, Home windows Phone platform is anticipated to develop the quickest, nearly doubling its share of the market from 2014 to 2018, based on IDC. For BlackBerry ‘s future IDC has had a conservative stance. Their recent moves to shore up its presence with government and enterprise users along with its strongholds within emerging markets is going to be under constant attack in the competition. However, its greater-than-average prices when compared with other platforms could hinder its growth potential. Let’s take a look about this:
However, don’t be surprised fall in prices of Smartphones to be able to maintain any way of measuring growth. The typical cost of the smartphone in 2013 was $335. By 2018, that average should fall to $260, ignited in what is a exponential rise in low-cost-point devices. Smartphones such as the Nokia Lumia 520, the brand new Nokia X along with the Motorola Moto G are simply the beginning.
Wearables – the following growth wave in mobile technology
It isn’t just snazzy smartphones that taken attention from the masses at MWC 2014 but smart waearbles were also in the peak on the program. The unspoken the fact is: Wearables aren’t outlier tech, they represent the long run unfolding before us in tangible-time. Wearable tech is becoming a lot more prevelant within the era of mobile technology turbulence and therefore are recording the public’s imagination during the last couple of years.