Global Markets for Smartphones And PDAs
May 22, 2009
Wellesley, Mass—According to a new technical market research report, GLOBAL MARKETS FOR SMARTPHONES AND PDAs (IFT068A) from BCC Research (www.bccresearch.com), the global market for smartphones and personal digital assistants (PDAs) generated $58.7 billion in 2008. This should increase to $153.3 billion in 2014, for a compound annual growth rate (CAGR) of 21.2%.
The market is broken down into smartphones and PDAs. The smartphones segment currently has the largest share of the market, worth $52.5 billion in 2008. This should increase at a CAGR of 23.5% to reach nearly $150.6 billion in 2014.
The PDAs segment has the second largest share of the market, worth $6.2 billion in 2008. This segment is expected to decrease at a CAGR of -15.4% and be worth $2.7 billion in 2014.
SUMMARY FIGURE
PROJECTED GLOBAL SALES OF SMARTPHONES AND PDAS, 2006-2013
($ MILLIONS)
Source: BCC Research
Mobile computing devices have eliminated the boundaries between consumer electronics, telecommunications and computing devices. Without a doubt, they constitute the fastest growing segment in consumer electronics and telecommunication end-user devices.
Mobile computing devices combine two extremely potent concepts of mobility and computing. Miniaturization is inherent in their definition. As a result, the demand for these devices is driven by each of their individual attributes—mobility, computing and miniaturization.
One of the major challenges of analyzing these devices is that they suffer from the same ambiguity in definition as the umbrella term “mobile computing” that is used to describe them. One of the key derivatives of this report is that it will lend clarity to the factors that differentiate these two devices.
To put it in perspective, differentiating between a PDA and a smartphone would not have been a challenging task five years ago. Back then, PDAs were meant to be portable mini-computers, and smartphones were meant to be mobile phones with added data features. The genesis of the challenge lies in the persistent efforts of PDA and smartphone stakeholders to make their devices as all encompassing as possible.
Global Markets for Smartphones and PDAs( IFT068A )
Publish Date: May 2009
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