Some of the new buzz words that got dropped a lot at MWC 2014 were,
“growth markets.” Also known as developing markets, or emerging
markets, growth markets are what will continue to drive smartphone sales
growth for the foreseeable future.Smartphone growth in the United States will grind to single-digits this
year for example. The same is expected for Western Europe and Japan.
That is a far departure from what we have seen in the past, but was an
inevitable outcome.2013 saw over 1 billion smartphones sold worldwide,
representing nearly 40% overall growth. As the growth markets begin
realizing some form of saturation, it is expected to see rates shrink to
under 10% in 2017, just three years from now.To maintain any measure of growth, we can also expect prices to continue
to drop, the average price of a smartphone in 2013 was $335. By 2018,
that average should fall to $260, fueled by what will be a dramatic
increase in low-price-point devices. Smartphones like the Nokia Lumia 520, the new Nokia X as well as the Motorola Moto G are just the beginning.via: WindowsITPro.com
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