It is estimated that over a quarter of the global population will own a smartphone by the end of 2015. By 2016, the number of smartphone users will surpass the 2 billion mark. Soon, more than half of the global mobile users will have a smartphone, meaning that feature phones will soon become a minority and the telecommunications world will transform into a closely connected web of smart mobile devices.
The global market for smart connected devices can be segmented according to device type, key end-users, and the operating systems used. The market’s product types include smart phones, tablet computers, laptops, and desktop personal computers.
A wide range of application areas are served by smart connected devices and their applications have kept rising over the past few years. A number of commercial sectors including hospitality, retail, healthcare, and education are the key application areas of the global smart connected device market.
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The rising global demand for smart phones, tablet computers, and bring-your-own-device policies, along with the rising proliferation of high speed network connections are the key drivers for the global smart connected devices market.
Technological advancements in the field of wireless connectivity technologies such as general packet radio service (GPRS), Wi-Fi, and worldwide interoperability for microwave access (WiMax), are also expected to drive demand for smart connected devices in the near future.