Strong growth in the worldwide smart phone market
Posted by Wendy van Meer
Canalysis reports an impressive growth of the worldwide smart phone market, the market grew an impressive 95% over the same quarter a year ago to 80.9 million shipped units. Although Nokia retains the leadership position with a 33% share of the market, Apple achieved a 17% share worldwide. According to Canalysis vendors will face rising price pressure in 2011 as the growth increasingly comes from the mid-range of the market.
While the smart phone market growth has so far mainly been driven by the high-end segment, the market is now reaching a tipping point where the mid-level makes up a growing proportion of that growth. Smart phones are becoming the standard!
