Smartphones sales are increasing very rapidly worldwide. Their are 7 Billion people in the world and currently 4 Billion active smartphones users globally, It took 17 years to reach 4 Billion but according to the statics it should take another 3 years to reach 8 Billion smartphone users.
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.Anshul Gupta, research analyst at Gartner, said that sales of feature phones – older style mobile phones – were continuing decline and that the vast majority of the growth in the market was for smartphones.
“Sales of feature phones continued to decline and the decrease was more pronounced in markets where the average selling price (ASP) for feature phones was much closer to the ASP of affordable smartphones.
“In markets such as China and Latin America, demand for feature phones fell significantly as users rushed to replace their old models with smartphones.” – Telegraph.