Emerging markets are putting downward pressure on smartphone prices as mobile users trade in their feature phones for smartphones, estimates market research firm IDC.
Small and medium-sized enterprises are expected to make up an increasing share of the machine-to-machine market, which is expected to total $10 billion in revenue this year, according to a recent report by Analysys Mason.
The Big 4 emerging markets, Brazil, Russia, India and China (BRIC)--alone will ship more smart connected devices than the developed world combined in 2014, according to IDC estimates.
Emerging markets are forecast to fuel rapid growth in cellular machine-to-machine communications over the next five years, according to Pyramid Research analyst Jan ten Sythoff.
Three-quarters of employees in emerging markets engage in some form of BYOD, compared with only 44 percent of employees in mature markets, according to a survey of 3,796 individuals across 17 countries conducted by research firm Ovum.
Hold onto your hats (and your mobile phones). There are six billion mobile phone subscribers worldwide, or 86 percent of the global population, according to the latest figures from the International Telecommunication Union.
Virgin Mobile is raising up to $100 million from investors and private equity groups to expand the mobile service into emerging markets.