Annual smartphone shipments in Asia will quadruple by 2015, giving Asia 29% of smartphone shipments during 2015, according to market research company IMS Research Ltd. (Wellingborough, England).
The growth will be driven by strong demand in China and India and this will present a challenge to the traditional smartphone vendors and an opportunity for competition as well as opening up a large grey market, the firm said.
Overall shipments of smartphones are forecast to increase at a compound annual growth rate of 25.9 percent between 2010 and 2015. However, IMS did not provide a forecast for the actual number of smartphone shipments it expects in either 2010 or in 2015.
IMS Research: Asian smartphone sales to quadruple by 2015
Posted on Saturday, March 20 2010 @ 19:25 CET by Thomas De MaesschalckIMS Research analysts predict smartphone sales in Asia will quadruple by 2015, giving the region 29 percent of the global smartphone shipments.
