“ABI Research expects 1.25 billion smartphones to ship in 2014 and forecasts smartphone shipments to pass the 2 billion mark in 2018. The compound annual growth rate (CAGR) over the forecast period from 2014 to 2019 is 12%.”
ABI Research says the 60% penetration of smartphones in the developed markets could be possible in the developing markets thanks to lowering prices… Wow! Just Wow! This makes “the PC revolution” seem like a rummage sale. Soon, more smartphones will ship per annum than legacy PCs extant.
Need a second opinion? See Smartphone Sales Volume to Touch 23.6% Growth in 2014 on the Back of Emerging Markets