IHS: By next year, half of all mobile handsets will be smartphones
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"This represents a major upgrade for the outlook compared to a year ago, when smartphones weren’t expected to take the lead until 2015. Over the past 12 months, smartphones have fallen in price, and a wider variety of models (has) become available, spurring sales of both low-end smartphones in regions like Asia-Pacific, as well as midrange to high-end phones in the United States and Europe."-Wayne Lam, IHS senior analyst
IHS breaks down the mobile phone industry into three separate divisions. First, there are smartphones followed by feature phones, and lastly you have your low-priced, basic models. IHS senior analyst Wayne Lam expects smartphones to be in the hands of more people than featurephones this year, but will fall short of the 50% mark. That milestone should be topped in 2013 and by 2016 the analyst sees smartphones accounting for two-thirds of the market.
source: AllThingsD
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2 Comments
1. Jeradiah3 posted on 28 Aug 2012, 14:44 1
this article doesnt surprise me. the cellular world is set for Smartphones and will continue to be that way
2. snowgator posted on 29 Aug 2012, 04:46 0
I do think feature phones will be a profitable product longer than most people give them. They are a huge market in my age group (40-ish), and in developing markets. It may take an entire generation before smartphones really own the mobile world. I think it is no coincidence that the 2 largest companies (Samsung and Nokia) are also huge in that market. LG and Pantech owe feature phone sales for keeping them profitable in mobile.
