The findings of the latest Ericsson Mobility Report indicate that the smartphone craze has not peaked just yet. The report found that the number of mobile subscriptions will reach 9.3 billion by 2019 and more than 60 percent of all subscriptions will be for smartphones.
An estimated 90 percent of the world’s population will be covered by current generation WCDMA/HSPA networks, while 65 percent of the population will have LTE coverage. Smartphone data traffic is expected to increase tenfold over the next six years.
“The rapid pace of smartphone uptake has been phenomenal and is set to continue. It took more than five years to reach the first billion smartphone subscriptions, but it will take less than two to hit the 2 billion mark,” said Douglas Gilstrap, Senior Vice President and Head of Strategy at Ericsson.
“Between now and 2019, smartphone subscriptions will triple. Interestingly, this trend will be driven by uptake in China and other emerging markets as lower-priced smartphone models become available.”
At the moment, smartphones account for about 25 to 30 percent of all mobile phone subscriptions, but they are already outpacing feature phones in terms of new sales.