Smartphones to gain 30% market share

According to new research from Wireless Expertise the number of smartphones sold each year will increase from around 165.2 million in 2009 to 422.96 million in 2013.

By this date, the consulting firm expects smartphones to account for around 30% of all mobiles.

Anuj Khanna, CEO of Wireless Expertise and author of the report said: “strong revenues are expected to come from low-end mass market smartphones and mid-to high-end feature-phones in the mid- to long-term as operators and handset manufacturers take app stores to the mass market.”

Mobile applications have boosted demand for multimedia content and applications, and the global mobile app market is expected to be worth $4.66 billion in 2009, and a whopping $16.60 billion, in 2013.