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Mobile & Wireless
Infonetics: Smartphone sales to overtake standard mobile phones by 2012
Smartphone revenue to pick up in 2010
by TelecomEngine Newsdesk
Communications industry market research firm Infonetics Research has released its biannual Mobile/WiFi Phones and Subscribers market size, market share, and forecast report. The report finds that smartphones are on track for a 14.5% increase in units sold worldwide for 2009 and a 21% compound annual growth rate from 2008 to 2013.
"While smartphone revenue is expected to dip in 2009 mainly due to price erosion and lower-ARPU units coming to market, we expect it to pick up in 2010 and continue growing, easily outstripping the combined revenue of standard mobile phones by 2012," predicts Richard Webb, Infonetics Research's directing analyst for mobile devices.
Apple's smartphone share rose to 9% in the Q2 of 2009, presumably on due to the iPhone 3GS.
Webb adds, “Competition for the iPhone is increasing though, with AT&T's splashy launch of the Blackberry Bold 3G in partnership with RIM a prime example. And while iPhone applications are proliferating, the iPhone OS is sure to face stiff competition from the open-source Android platform. Apple will have to fight hard to drive its market share back above 10%."
The Infonetics report finds that despite an estimated 10% increase in the number of worldwide mobile and WiFi phones sold the second half of 2009, a 9% revenue decline is expected due to downward price pressure. The report projects that 1.1 billion mobile phones are forecast to be sold in 2009 worldwide and declares that Nokia maintained clear leadership of total mobile phone market share in the first half of 2009.
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