Smartphones will capture 37 percent of the worldwide cell phone market by 2014, a leap from 16 percent in 2009, predicts a new report from Pyramid Research.
The report, released late last week, sees much of the growth coming from outside the U.S., notably in emerging markets. Across the globe, China is likely to outpace the U.S. as the largest smartphone market next year. Latin America will be the fastest-growing region over the next five years, with a compound annual growth rate (CAGR) of 48 percent for smartphone sales, forecasts Pyramid.
"Pyramid expects China to capture the … Read more