Smart Connected Device Market – Wide Range of Application Areas are Served to Boost Growth

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.

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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.