Wednesday, November 30, 2016

Smartphone Shipments Shift to 4G in Emerging Markets

Global smartphone shipments will reach 1.45 billion units with a year-over-year growth rate of 0.6% in 2016 according to International Data Corporation. In 2015, smartphone shipments grew at a 10.4 percent rate.

But 4G smartphone growth will be 21.3 percent in 2016, reaching 1.17 billion units. Those patterns are related to a shift in network usage, with 4G now is leading growth, especially in emerging markets. Reliance Jio in India, for example, has added 50 million net new 4G accounts in three months from September 2016 to November 2016.

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