With the introduction of innovative of new features each year, thousands of amazing apps for possibly anything you could do with a phone the global Smartphone market is rising exponentially, all big company are focusing majorly on their Smartphone’s whether it be Apple, Samsung, HTC their Primary focus is on sales of smart phone.
A recent Study revealed that there are Over 1 billion Smartphone users worldwide which are nearby the number of Facebook users who just crossed the 1 billion Mark.
According to the report by the US research and consulting firm Strategy Analytics, the number of Smartphone users surpassed the one billion mark during the third quarter of 2012.
“Most of the world does not yet own a Smartphone and there remains huge scope for future growth, particularly in emerging markets such as China, India and Africa,” said Neil Mawston, executive director at Strategy Analytics.
“It has taken 16 years for the Smartphone industry to reach this historic milestone,” said Mawston. “But we forecast the next billion to be achieved in less than three years, by 2015.”
The Nokia Communicator, introduced in 1996, was the world’s first modern Smartphone, but demand grew exponentially for the devices after Apple introduced the iPhone in 2007, which “revolutionized Smartphone design,” Mawston said.
Apple’s latest Smartphone, the iPhone 5, sold over 5 million devices in just three days after it was launched Sep 21, the Samsung Galaxy S3 sold approximately 20 million devices within few months from its launch
While these numbers are impressive, Strategy Analytics estimates that one out of every seven people throughout the world owns a Smartphone and that the device’s “penetration is still relatively low”, said Mawston.
With the launch of so many new Smartphone’s every year it will not be a big surprise if the 2 billion mark is reached before 2015.