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Trend: WW Mobile Phone Market Up 20% in Q1
Last week, International Data Corporation (IDC) announced results from its Worldwide Mobile Phone Tracker.
>> The worldwide mobile phone market grew 19.8% year over year in the first quarter of 2011 (1Q11) fueled by high smartphone growth, especially in emerging markets, and gains made by market challengers.
>> Smartphone growth worldwide, particularly in Asia/Pacific (excluding Japan), Middle East and Africa (MEA), and Latin America, helped lift the overall market to a new first-quarter high.
>> Vendors shipped 371.8 million units in 1Q11 compared to 310.5 million units in the first quarter of 2010.
>> IDC expects almost all of the worldwide mobile phone market's growth to be driven by smartphones throughout the forecast, which goes to 2015.
>> In the United States last quarter, Apple's iPhone and the LTE-enabled HTC Thunderbolt were two smartphones introduced at Verizon Wireless that helped keep the category front and center of the overall mobile phone market.
>> Also in the U.S., feature phones, including once popular quick messaging devices, continued to lose ground.
Here's a rundown of leading mobile vendors:
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