It looks like 2013 will continue to be a successful year for smartphone vendors, as a new report from market research firm DisplaySearch predicts that smartphones will remain more popular than basic cellphones and will ultimately outsell feature phones for the rest of the year.
Despite the slowing growth of the high-end smartphone market, smartphone shipments are expected to reach 937 million units this year, as compared to the 889 million features phones expected to ship. This is likely a result of the growing popularity and availability of smart handsets at lower costs.
This predication comes only a month after the first quarter of 2013 saw smartphone sales overtake feature phone sales for the first time. The shifting market marked the end of basic phones that can only make phone calls and send text messages, as more users opt for smarter devices that can act as mini-computers.
DisplaySearch also expects smartphone shipments to hit 1.45 billion units by 2016, with smarter devices making up an estimated two-thirds of the global cell phone market. The firm likens this success to the growth of smartphones in emerging markets.
“The global smartphone market is expected to continue growing rapidly over the next two years,” said Shawn Lee, research director at DisplaySearch. “With larger, higher-resolution displays, faster processors, and higher-capacity cellular systems being built, the smartphone is not only becoming a must-have device, but is satisfying many needs that formerly required other computing and consumer electronics devices.”