Smart Phone Shipments Will Be 82% of All Handset Sales in 2017
Global smartphone shipments are forecast to reach 1.8 billion in 2017, accounting for 82 percent of total mobile phone handset shipments, up from 55 percent in the third quarter of 2013, says NPD.
Devices capable of running on Long Term Evolution 4G networks will represent 41 percent of smart phone shipments in 2017.
But 3G high-speed packet access (HSPA) will continue to be the dominant air-interface technology, comprising 51 percent of the market in 2017.
The compound annual growth rate (CAGR) for smart phones over the next five years will reach 21 percent, while feature phones will decline at a CAGR of 16 percent, according to NPD researchers.
The majority of smartphone growth will come from the Asia-Pacific region, especially China.
China is forecast to grow 63 percent in 2013, and is expected to comprise 30 percent of the smart phone market by 2017.
Worldwide Mobile Phone Shipment Forecast
Source: NPD DisplaySearch Smartphone Quarterly report