Smartphone sales grew over 20 percent in the July-September quarter, 2014, on the back of strong growth in emerging markets, research firm Gartner said on Monday.
Given the fast pace of smartphone sales growth and declining preference for feature phones, Gartner estimates that nine out of 10 phones will be smartphones by 2018. 6t573t
Gartner expects sales of smartphones to reach 1.2 billion units in 2014.
"Sales of feature phones declined 25 percent in the third quarter of 2014 because the difference in price between feature phones and low-cost Android smartphones is reducing further," Gartner Research Director Roberta Cozza said.
However, sales of smartphones to end s grew 20.3 percent to reach 301 million units, she added.
Emerging markets exhibited some of the highest growths ever recorded with Eastern Europe and the Middle East and Africa ing the highest increase in the third quarter of 2014, with sales of smartphones growing almost 50 percent year-over-year.
Among the mature markets, the US achieved the highest growth at 18.9 percent, fostered by the launch of the Pictures).
Western Europe saw a decline of 5.2 percent, the third consecutive decline this year.
lead the smartphone market but its share fell from 32.1 percent in July-September 2013 to 24.4 percent in the third quarter of 2014.
Xiaomi saw a massive 336 percent year-on-year increase, rising from 1.5 percent in Q3 2013.
"With the ability to undercut cost and offer top specs Chinese brands are well positioned to expand in the phone market too and address the needs of upgrade s that aspire to phones, but cannot afford Apple or Samsung high-end products," Cozza said.
In the smartphone OS market, BlackBerry (0.8 percent) in the said quarter.
Worldwide mobile phone sales to end s totaled 455.8 million units in the third quarter of 2014 and were flat compared to the same period in 2013.
Mobile phone sales were up in all regions except Latin America (-7.4 percent), Western Europe (-13.5 percent) and Japan (-1.8 percent).
In the mobile phone market, Samsung kept the lead at 20.6 percent (from 25.7 percent in Q3 2013), followed by Huawei at 3.6 percent (3.0 percent).