TITLE

Size and Growth of Smartphone Market Will Exceed Laptop Market for Next Five Years

PUB. DATE
November 2007
SOURCE
Portable Design;Nov2007, Vol. 13 Issue 11, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the size and growth of Smartphone Operating System (OS)-based phones market in the next five years. According to the high-technology market research firm, In-Stat Inc., Smartphone OS-based phones will grow at more than a 30% compound annual growth rate for the next five years globally, taking an increasing share of the overall phone market that is otherwise growing in single digits. The unit volume of smartphones globally also exceeds the unit sales for laptops. Users are experiencing significant value from their smartphones. As a result they are downloading more applications and generating higher usage as measured by average revenue per user (ARPU) for wireless carriers.
ACCESSION #
27945557

 

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