Ericsson: 55% Of Mobile Phones Sold In Q3 Were Smartphones
Ericsson released their latest Mobility Report, which has revealed that global smartphone subscriptions are expected to hit 5.6 billion by 2019. The smartphone traffic is expected to increase by ten times in the next five years. During the third quarter, 55% of mobile phones sold in the third quarter were smartphones.
Mobile subscriptions as a whole are expected to reach 9.3 billion by 2019 and 5.6 billion will be for smartphones rather than feature phones and tablets.
Around 113 million new subscriptions were added during the third quarter and global mobile subscriptions has been growing 7% year-on-year and 2% quarter-on-quarter. The actual number of subscribers is lower at around 4.5 billion though. This is because many people have several subscriptions.
LTE has grown rapidly and has hit 150 million subscriptions while WCDMA/HSPA has the highest net additions at around 80 million. Almost all of these 3G/4G subscriptions have access to GSM and EDGE as a fall ball. However, the number of GSM/EDGE-only subscriptions has not increased.
Most of the mobile subscriptions today are for basic phones. The subscriptions for these phones peaked in 2012, but they still remain high. They are slowly declining from around 4.5 billion today to around 3 billion in 2019.
To check out the full report, you can download it from here: [PDF].