Phablets to Account for the Lion's Share of Future Smartphone Growth
On September 9, Apple is expected to release it's first large screen smartphone, and it's about time. According to data published by market research firm IDC last week, much of the future growth in the smartphone market will occur in the phablet segment.
IDC predicts overall shipments to reach 1,252m units this year, of which 175m will fit the phablet category (screen sizes 5.5" and higher). By 2018, the smartphone market is tipped to grow to 1,839m units per year, of which 593m are expected to be phablets. In other words: while the phablet segment is expected to grow at an average rate of 36% until 2018, the rest of the smartphone market will grow at a meager 4% per year.
- Global smartphone sales value by region 2013-2016Global smartphone sales value by region 2013-2016
- Smartphone sales value in the United States 2005-2016Smartphone sales value in the United States 2005-2016
- Global smartphone sales by OS 2009-2016Global smartphone sales by OS 2009-2016
- China: mobile phone subscriptions by month October 2016China: mobile phone subscriptions by month October 2016
- U.S. consumer electronics industry retail revenue 2012-2017U.S. consumer electronics industry retail revenue 2012-2017
- Share of smartphone shipments worldwide 2015-2016, by vendorShare of smartphone shipments worldwide 2015-2016, by vendor
- Smartphone sales revenue worldwide 2013-2016Smartphone sales revenue worldwide 2013-2016
- Apple's revenue worldwide 2004-2016Apple's revenue worldwide 2004-2016
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