Smartphone sales are forecast to hit 1 billion in 2013, 1.7 billion in 2017, according to IDC (November 2013).
• Growth is coming from emerging markets, particularly in Asia, while Western economies rapidly approach smartphone saturation. Asia/pacific dominates the market, accounting for 52 percent of sales in 2013 and 59 percent in 2017.
• Growth worldwide is being driven by the rapid fall in smartphone prices worldwide. • For more on smartphone pricing, seeSection 4e, below.
|Worldwide smartphone forecast by region, shipments, market share and growth 2013-2016: IDC|
|Region||2013 Shipment Volumes*||2013 Market Share||2017 Shipment Volumes*||2017 Market Share||5 Year CAGR|
|Middle East and Africa||57.6m||5.7%||95.0m||5.6%||18.5%|
|Source: © IDC (November 2013) * Forecasts|