According to the latest estimates from NPD, the global smartphone shipments will surpass both basic and feature phones shipments for the first time in 2013. As per research firm, global smartphone shipments are expected to reach 937 million units in 2013, compared to just 889 million units for basic and feature phones, while between 2011 and 2016, smartphone shipments will grow at a compounded annual growth rate of 26% to 1.45 billion units.
The report further suggests that in emerging markets, smartphones will drive the maximum growth as the large numbers of devices are upgraded to 3G and 4G networks. China leads in the entry-level smartphone category, comprising 55% of shipments while the Asia-Pacific region will account for over 50% of smartphone shipments in 2013.
LTE-enabled smartphones will reach 23% market share in 2013, while shipments of AMOLED and LTPS LCD panels for full high-definition (FHD) resolution smartphones are forecast to increase significantly, from 1.7 million units in 2012 to 113 million units in 2013. In 2013, it is also expected that over half of smartphone display will range between 4 to 5-inch while screens larger than 5-inch will grow to 16% of the market.