Smartphone Shipments Hit 1 Billion Worldwide in 2013
In case you are skeptical of the growing popularity and accessibility of smartphones, you may want to reconsider your choice in mobile devices. According to reports, the global smartphone market hit a new milestone when 1 billion smartphones were shipped worldwide in 2013 alone.
IDC’s Worldwide Quarterly Mobile Phone Tracker confirms through its data that smartphone shipments were up 38.4 percent in 2013 from the 725 million smartphones shipped in 2012.
Samsung and Apple are the leading makers responsible for 31.3 percent and 15.3 percent of the market share respectively. Together, both Samsung and Apple account for almost half of the smartphone shipments in 2013 according to Linda Sui, senior analyst at Strategy Analytics.
“Among the top trends driving smartphone growth are large screen devices and low cost,” Ryan Reith, program director at Worldwide Quarterly Mobile Phone Tracker said in a statement.
Reith continues to stress the importance of low cost as a driving force.
“Of the two, I have to say that low cost is the key difference maker. Cheap devices are not the attractive segment that normally grabs headlines, but IDC data shows this is the portion of the market that is driving volume. Markets like China and India are quickly moving toward a point where sub-$150 smartphones are the majority of shipments, bringing a solids computing experience to the hands of many.”
Based on last year’s breakthrough in smartphone shipments globally, it is safe to say smartphones are also a smart investment.
— By Jessica Oaks