Where is the smartphone growth?

Roger Montgomery

Montgomery Investment Management

The growth in smartphones over the coming five years is set to be enormous. The installed base of smartphones is set to more than double from 2.6 billion in 2014 to over 6 billion in 2020. What this means is that, by 2020, 70 per cent of the world’s population will have a smartphone – a truly remarkable statistic. Perhaps more interestingly, the share of growth is not at all uniform across regions. In fact, as Ericsson recently pointed out in their Ericsson Mobility Report, almost 80 per cent of smartphone subscriptions added over the coming five years will be from Asia Pacific, Middle East and Africa. (VIEW LINK)

Roger Montgomery
Founder and Chairman
Montgomery Investment Management

Roger Montgomery founded Montgomery Investment Management in 2010. Roger has more than three decades of experience in investing, financial markets and analysis. Roger also authored the best-selling investment book, Value.able.

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