In today’s business environment one needs to be constantly in touch with the internet and access to mails to carry out business transactions. Carrying desktops everywhere is not possible and even if you carry laptop, there might be instances when you cannot open it everywhere. In such a scenario, smartphones are the best possible ways to reply and send important mails and get connected to important people. Smartphone sales have increased over the years and according to a research report by Pyramid Research, sales of smartphones will witness further surge thanks to the success of Google’s Android OS. The Pyramid research concludes that by 2015 around 8.3 billion phones will be sold, thanks to the growing market of Middle East, Africa and Asia-Pacific. Pyramid Research predicts a compound annual growth rate hovering between 7.3% and 10.3% between now and 2015.
The report also said that while smartphone sales will witness rapid sales due to popularity of Android OS, feature phones will lose market share in coming days. Pyramid also forecasted a substantial growth in the Android platform with vendors like ZTE, Huawei, Samsung and Sony Ericsson anticipating double-digit percentage growth. It is to be noted that Android phones rolled out by the aforementioned companies have found tremendous favors among consumers. The mobile phone market of the world is becoming intensely competitive with various cell phone manufacturers rolling out various handsets catering to various segments.
Popularity: 2%