Smartphones To Account For 82% Of Market By 2017

A new study from market researcher NDP estimates that, by 2017, smartphones will account for 82 percent of the phone market, VentureBeat reported on November 25.

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    As of the third quarter of 2013, approximately 50 percent of the market was comprised of smartphones.

    “Smartphone market growth is being fueled by entry-level smartphones from international brands and white-box vendors in emerging markets,” Tina Teng, an analyst at NPD, told VentureBeat in an interview. “We expect aggressive pricing moves to continue, prompting first-time smartphone buyers to upgrade earlier.”

    To learn more about the study results, read the full story here.

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