China, Brazil And India To Surpass U.S. As Largest Smartphone Markets By 2018 | Cult of Mac

China, Brazil And India To Surpass U.S. As Largest Smartphone Markets By 2018

By

post-234085-image-031be7bc255dca5c77ac631ef30f147c-jpg

While the U.S. market has been the biggest measure for success with handset makers over the last few years, all of that may soon change as the U.S. smartphone market quickly gets dwarfed by China and others.

According to a new report from ABI Research, China will displace the U.S. as the largest smartphone market by the end of 2013, but just five years later both India and Brazil will pass the U.S. too:

ABI Research forecasts that the top five countries in 2018 will account for 51% of worldwide smartphone shipments while the BRIC (Brazil, Russia, India, China) countries will account for 33% of smartphone shipments.  By 2018, Western Europe and North Americas’ share of smartphone shipments will be 33% (equal to BRIC) down from 39% in 2013. It is clear that the growth of the smartphone market over the next five years will depend on operators and handset OEMs delivering optimized and price appropriate solutions to the BRIC consumers.

ABI also projects that Russia will be the 11th largest smartphone market by the end of 2013, but will jump up to the 7th spot by 2018.

Source: ABI Research

Cult of Mac's Newsletters

Daily round-ups or a weekly refresher, straight from Cult of Mac to your inbox.

  • Weekender

    The week's best Apple news, reviews and how-tos from Cult of Mac, every Saturday morning. Our readers say: "Thank you guys for always posting cool stuff" -- Vaughn Nevins. "Very informative" -- Kenly Xavier.