Smartphone sales revenue - additional information
Revenue from global smartphone sales is estimated at about 400 billion U.S. dollars in 2015. Around a quarter of the global revenue from smartphone sales is generated in China. In 2015, smartphone sales in the country are predicted to amount to more than a hundred billion U.S. dollars in revenues. North America, leveraging mainly on U.S. figures, is the second most profitable smartphone market in the world. In 2015, smartphone sales in the U.S. are projected to add up to 51 billion U.S. dollars, ten billion U.S. dollars more than in 2014.
As one third of the world’s population is projected to own a smartphone by 2017, smartphone shipments worldwide are projected to increase. Shipments passed the one billion mark for the first time in 2013, and are forecasted to total almost two billion units by 2019. Again, China is a distant leader with just over 390 million smartphones shipped in 2014; this figure is expected to increase to 426 million units by 2016. Led by the United States, North America accounted for 177.3 million smartphone shipments in 2014. India and Brazil are also amongst the leading countries in regards to smartphone shipments. By 2019, India is expected to have almost 15 percent of the smartphone shipment market share, followed by the U.S. with about ten percent, and Brazil with four. China is expected to maintain its leadership, with nearly half of all smartphone shipments worldwide.