The Smartphone Industry Is Doing The Talking In The Emerging Markets

In 2008, smartphones had a little share of 11% in the global cellphone industry. By 2012, the market for android phones boomed, with the market share of smartphones rising up to a good 44%. Statistics show that 1.7 billion phones were sold globally, out of which 712 million were smartphones. There is one key reason behind this- the emerging markets focus on price, since the consumers are price conscious. Rightly so, the consumers would always opt for an affordable smartphone, as the emerging markets are providing them with innumerous varieties.Read More: