Posts Tagged ‘market by volume’
As we all know, China is the most populous country in the world, with over 1.3 billion citizens. So, it doesn’t come as a surprise that they are also the largest market for smartphones.
According to Strategy Analytics, a global research and consulting firm headquartered in Boston, USA, China has overshot the United States in Q3 2011, to become the world’s largest smartphone market by volume.
This sudden growth in smartphone sales dates back to the previous quarter when the market share in China grew by 58 percent with sales touching 24 million. The US market however fell by seven percent, with just over 23 million handsets sold in the same quarter. (more…)