Global smartphone shipments for 2013 set to hit 1bn

Wider mobile phone market forecast to grow 7.3% on back of smart device surge: IDC

Tags: International Data Corporation
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Global smartphone shipments for 2013 set to hit 1bn Global smartphone shipments were recorded as les than 500m just two years ago.
By  ITP.net Staff Writer Published  September 5, 2013

The worldwide mobile phone market is forecast to grow 7.3% year on year in 2013, marking a sharp rebound from the nearly flat (1.2%) growth experienced in 2012, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

Strong demand for smartphones across all geographies will drive much of this growth as worldwide smartphone shipments are expected to surpass 1bn units for the first time in a single year.

The overall mobile phone market is growing faster than previously forecast thanks to a stronger-than-expected first half of the year driven by strong gains in emerging markets and the sub-$200 smartphone segment. IDC previously projected 5.8% growth for the year. Vendors are now forecast to ship more than 1.8bn mobile phones this year, growing to over 2.3bn mobile phones in 2017.

Worldwide smartphone shipments are forecast to grow 40.0%, year on year, to more than 1.0bn units this year. High smartphone growth is the result of a variety of factors, including steep device subsidies from carriers, especially in mature economic markets, as well as the growing array of sub-$200 smartphones.

"Two years ago, the worldwide smartphone market flirted with shipping half a billion units for the first time - to double that in just two years highlights the ubiquity that smartphones have achieved," said Ramon Llamas, research manager with IDC's Mobile Phone team.

"The smartphone has gone from being a cutting-edge communications tool to becoming an essential component in the everyday lives of billions of consumers."

"Smartphones will represent virtually all of the mobile phone market in many of the world's most developed economies by the end of 2017," said Kevin Restivo, senior research analyst with IDC's Worldwide Mobile Phone Tracker programme.

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