2:52pm EDT, Thu Sep 9

Search




Smartphone Boom Is Underway


By: The Online Reporter
Publish Date: February 05, 2010

Complete articles are posted three weeks after they have been sent to subscribers. To request a copy of the current edition, e-mail paperboy@riderresearch.com .




It looks like the best job opportunities are in smartphones, not plastics as Dustin Hoffman was advised in "The Graduate."

A $995 report from Portio Research called "Smartphone Futures 2010-2014" says that despite the recession, smartphone sales increased in 2008-2009. During the same period, worldwide handset shipments declined.

Most of the growth in smartphone sales was in North America and Europe.

They now account for 13.8% of total worldwide handset shipments during 2009 and are predicted to be 24.9% by the end of 2014. In the 2009- 2014 period, they’ll increase at a CAGR of 18.5%. The total worldwide handset market will only grow 5.3% during the period.