samsungimpression Less feature phones and more smartphones

The mobile phone market is forecasted to slow down in the coming years.  According to the International Data Corporation (IDC), the mobile phone market will grow about 4% year over year—the lowest annual growth rate since 2009.

The mobile phone market is forecasted to slow down in the coming years.  According to the International Data Corporation (IDC), the mobile phone market will grow about 4% year over year—the lowest annual growth rate since 2009.  Analysis by the IDC reveals that the slow growth rate is due to many people holding onto their “feature phones”—non-smartphone, or “text and talk” phones.  Global economic conditions are preventing people from purchasing newer phone models, and the IDC projects that there will be a 10.0% decline in feature phone shipments this year. 

 Less feature phones and more smartphones

Smartphone, however, will be providing some cushion for feature phone’s slow growth, as smartphone is projected to experience a 38.8% growth year over year.  The growth is due to high carrier subsidies, decreased average smartphone prices, increase device varieties, and low cost data plans.

 Less feature phones and more smartphones

Google’s Android OS, as projected by the IDC, will continue to be the most shipped over the next five years.  However, its growth will hit a wall this year, and it will either maintain its market share of about 60% or decrease from there.  Moreover, Apple’s iOS will maintain its steady hold of its current market share of about 20% for the next five years.

The smartphone platform that the IDC predicts will experience the most growth is Window’s Mobile.  Declining Symbian and BlackBerry OS market share will be snatched up by Windows Mobile, and in five years it will be on even playing field with Apple’s iOS.

Source: idc.com