Business Insider Intelligence recently released their predictions for smartphone use and business. Their predictions suggest a smartphone storm is on its way. source:Business Insider
Last year, according to Business Insider, smartphone sales passed PC sales. Sales will continue to explode, doubling PC sales this year.
Smartphone sales will exceed 1.5 billion by 2016.
Smartphone purchases will represent about two-thirds of all mobile phone purchases by that year.
PC sales only hit 350 million this year.
1.7 billion mobile handsets, or mobile phones, were sold last year.
Worldwide, only ten percent of mobile phones are smartphones.
Sales continue to boom despite the sometimes hefty price.
Falling prices should make the sale of smartphones explode even more.
Business Insider predicts that the average price of a smartphone will drop to $200 in the next few years.
Smartphones will be a $320 billion market by the year 2016.
Billions of "dumbphones" will be replaced by smartphones, which is the main reason why smartphone sales will continue to boom.