With 89 mobile internet unicorns now worth almost $1 trillion, the market is hot. Mobile messaging returned around 12x, navigation 11x, games 6x, app store/distribution 5x, social networking and books 4x, and photo & video 3x on the $15 billion invested in these sectors in the last 5 years.
Retail IT execs polled in the U.S. market cited several mobile-centric items when asked about their key objectives in the next 18 months — including advancing a mobile commerce strategy (32%), expanding multi-channel initiatives (22%) and developing new payment technologies (46%).
One in three smartphones shipped in China were from Huawei or Xiaomi in Q2 2015. Xiaomi is the largest smartphone vendor in China with 15.9% market share. However, Huawei is growing by 48% sequentially — that makes them the fastest growing vendor in the top-ten list.
eMarketer estimates that 38.6% of the total population of China will own and use a smartphone at least monthly this year. That penetration rate adds up to a big mobile-enabled population — 525.8 million people, more smartphone users than anywhere else in the world.
The rigid American telecommunications services sector is about to undergo a significant change as the major mobile network service providers abandon phone subsidies and the previously required 2-year contracts for subscribers.
26.5 million smartphones were shipped to India in the second quarter of 2015 (2Q15) — that’s up by 44% from the same period last year. This strong second quarter performance saw smartphone shipments grow by 19%, following a sluggish first quarter in 2015.