Smartphone eventually to become a utility product?
Despite its phenomenal growth — which will continue for many years to come — the smartphone is set to eventually become a utility product, according to Research and Markets (www.researchandmarkets.com).
This will first emerge in the developed markets, where smartphone penetration is now reaching levels of 60%-75%. This is mainly driven by Samsung and other Android-based smartphones, with Apple operating at the top end in the market, where people are prepared to pay a premium for the iPhone.
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