Smartphone Market Global Research Report by 1Q 2017 and Forecasts to 2021 - MarketReportsOnline
The report finds that global mobile phone market volume reached 1.96 billion units in 2016 and is estimated to grow by 0.5% to nearly 2 billion units in 2017. The market has dropped to single digits, representing that the market goes through a plateau period. On top of that, MIC predicts that the combined share of smartphones priced at USD300 or below is estimated to hit over 60% in 2017 with most of them running on Android.
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