Smartphone Market Continues To Grow
The International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker released its report on the second-quarter market share of smartphone operating systems.
The worldwide smartphone market grew to a record 301.3 million devices sold during the quarter, up from 240.5 million in the year-ago period, according to IDC. That represents year-over-year market growth of 25.3 percent.
The emergence of entry-level smartphones costing $200 or less in international markets helped drive sales and overall market growth during the quarter.
With $100 smartphones set to hit the market, IDC predicts the smartphone market and specifically, the entry-level phone market, should expand even further.