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Analyst: ABI Research: Ultra cheap phones will enjoy 24% annual growth for the next 5 years

Categories: Research
By: , IntoMobile
Monday, July 20th, 2009 at 3:45 AM

Cheap mobile phones, the devices that get sold by the hundreds of millions, are going to sell even more hundreds of millions if what ABI Research just predicted happens to come true. ABI Research thinks that by 2014 a $15 mobile phone will be feasible and that ultra low cost handsets (ULCH) plus low cost handsets (assuming that is defined as under $50) will enjoy a 24% compound annual growth rate by 2014. An ULCH is defined by the GSMA association, today, as a mobile phone that can be purchased for no more than $25. By 2012 that number drops to $20. “The price of a ULCH handset is widely seen as critical to the tipping point for mass adoption in emerging markets.” – Michael Morgan, ABI Research.

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About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.