Asia smartphones to double in next 5 years
Summary
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Market research firm Ovum said in a statement Thursday that global smartphone sales will hit 653 shipments that same year, of which Asia will account for 30 percent.
Principal analyst, Adam Leach, noted in the report that the smartphone market will see significant growth over the next five years, "once again outperforming the wider mobile phone market".
According to Ovum, smartphones in the Asia-Pacific will grow at a compound annual growth rate of 12.5 percent between 2009 and 2016, and eventually account for 32 percent of the region's overall mobile phone market.
For more on this story, read Asian smartphone market to double by 2016 on ZDNet Asia.
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