’98 percent handset sales will be smartphones by 2020′

IANSUpdated:Friday, May 31, 2019, 05:36 PM IST
article-image

New York: Smartphones would constitute 98 percent of handset sales by 2020, according to a study by US-based market research firm iGR.

“Many factors are driving the global increase in smartphone sales. First and foremost is the decrease in smartphone prices, which is making them more accessible in developing markets,” marketwired.com said citing the statement of Iain Gillott, president and founder of iGR, on Tuesday.

“The consumers in these developing markets are increasingly moving towards smartphones, which provide a portable, data-driven lifestyle,” he added.

Due to this development, out of a total of almost two billion mobile handsets that were sold during 2015, sales of smartphones were significantly greater than those of non-smartphones, according to iGR’s ‘Global Handset and Smartphone Sales Forecast, 2015-2020: Still More Smartphones’.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Weather update: Light to moderate rainfall expected in Konkan, Goa; few parts of Maharashtra to...

Weather update: Light to moderate rainfall expected in Konkan, Goa; few parts of Maharashtra to...

Caste-based census: Bihar minister says BJP on board, no comment by saffron party

Caste-based census: Bihar minister says BJP on board, no comment by saffron party

NSE co-location scam: ED seeks answers to 5 key points from former MD Chitra Ramkrishna

NSE co-location scam: ED seeks answers to 5 key points from former MD Chitra Ramkrishna

Mumbai: Latest Updates - Helmets to soon be mandatory for pillion riders

Mumbai: Latest Updates - Helmets to soon be mandatory for pillion riders

Bid to corner Sambhaji Chhatrapati over RS polls: Devendra Fadnavis

Bid to corner Sambhaji Chhatrapati over RS polls: Devendra Fadnavis