Annual Smartphone Shipments will Double by 2014

Smartphone shipments will rise 105 percent to 506 million units in 2014 from 246.9 million in 2010, according to researchers at iSuppli Corp. Smartphones have become the fastest-growing segment of the cell phone market with unit shipment growth of 35.5 percent expected in 2010. Overall mobile handsets are expected to grow 11.3 percent.

At the same time,  video-oriented consumer electronics devices equipped with high-bandwidth wireless video interface solutions are surging as well, though from a low base.

Researchers at iSuppli expect the market for video-enabled consumer devices with high-bandwidth wireless video interfaces will grow to more than 85.2 million units by 2014, up from 606,000 units in 2009. By 2014, more than 53 million of these devices will be wireless-video-enabled digital TVs and netbooks or laptops.