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United Kingdom Smartphone Market Forecast & Opportunities, 2017
Market |
Telecommunications |
Report Type |
Market Research |
Country |
United Kingdom |
Published |
1 June 2012 |
Number of Pages |
90 |
1-3 hours, 24 hour max |
|
Publisher |
TechSci Research |
File Format |
Ratio of smartphones to basic mobile phones increasing rapidly in the United Kingdom
The United Kingdom smartphone market is forecast to hit a value of $4.3 billion and a CAGR of around 20% between the years 2012 and 2017. This market will be driven by a number of factors, including increased broadband speeds, and an established retailer's network.
Smartphone is most likely the best technological advancement of the last decade. It has moved everyone towards a world where everyone will be connected all the time. In many ways, it has defined a whole new era of opportunities and growth stories. Following the rising keenness for Smartphones worldwide, UK has also excitedly adapted this widget. As a result, the UK Smartphone market grew almost triple fold between 2008 and 2011. The consumers in UK have become addicted to Smartphones and the ratio of Smartphones to basic mobile phones is growing very rapidly in the region. As a consequence, nearly 50% mobile phones in UK are now Smartphones which is expected to reach nearly 80% by the end of 2017.
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