Monday 15 December 2014

Global Smartphone Sales Climb 20.3% in Q3-2014

Smartphones are selling like hot cakes now as it grew 20.3 per cent to hit 301 million units in the third quarter alone in 2014.

According to a study by Gartner, sales of feature phones declined 25 per cent in the third quarter of 2014 because the difference in price between feature phones and low-cost Android smartphones is reducing further.

In the third quarter of 2014, smartphones accounted for 66 per cent of the total mobile phone market and Gartner estimates that by 2018, nine out of 10 phones will be smartphones.

From a regional perspective, emerging markets exhibited some of the highest growths ever recorded with Eastern Europe and the Middle East and Africa achieving the highest increase in the third quarter of 2014, with sales of smartphones growing almost 50 percent year-over-year.

Among the mature markets, the U.S. achieved the highest growth, with an 18.9 per cent rise in the third quarter of 2014, fostered by the launch of the iPhones 6 and 6 Plus. Western Europe saw a decline of 5.2 per cent, the third consecutive decline this year.

Sales of Samsung’s feature phones and smartphones declined in the third quarter of 2014.Samsung’s deepest decline came from feature phones, which decreased by 10.8 per cent year-over-year. Demand for Samsung’s smartphones weakened mostly in Western Europe and Asia.

Although Huawei moved into the number three position in the third quarter of 2014 there is still less than 1 million units between the bottom-three smartphone vendors in the top five.

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