Smartphones projected to pass feature phones in 2013

Published:2012/8/29 3:01:00 Author:Ecco From:SeekIC

The market research firm IHS iSuppli expected that smartphones would be majority of handset shipments for the first time in 2013. IHS had released a report which indicated that smartphones are now expected to account for 54 percent of handset shipments in 2013, up from an estimated 46 percent this year and 35 percent in 2011.

"This represents a major upgrade for the outlook compared to a year ago, when smartphones weren’t expected to take the lead until 2015," said Wayne Lam, senior analyst for wireless communications at IHS. "Over the past 12 months, smartphones have fallen in price, and a wider variety of models have 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."

Lam also expects that smartphone shipments would continue to grow by double digit percentages for the next few years. By 2016, Lam expects smartphones shipments to account for 67.4 percent of the total cell phone market.

However, smartphones are expected to account for less than 50 percent of the handset market in 2012. But by the end of the year, IHS expects smartphones to pass feature phones to become the largest segment of the cell phone market.

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