Sunday, September 4, 2011

Lower End Models Will Drive Smart Phone Growth Globally

According to a new report from market research company iSuppli, the number of Smart phones that are shipped will reach 1.03 billion in 2015. This will represent 54.4 percent of the total mobile phone shipments that year.

Within the smart phone market, the fastest-growing category will be low-end models, defined as devices with limited features and lower memory densities relative to higher-end products. Shipments of low-end smartphones are expected to rise at a compound annual growth rate of 115.4 percent during the period from 2010 through 2015, compared to just 16.4 percent for mid-range to high-end smart phones. Lower end smart phones will sell

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