- At least 4.3 billion people use or own a smartphone, and 57 per cent of the world’s population uses mobile internet.
- Growth in smartphone ownership across low- and middle-income countries lags significantly behind high-income countries. For
example, as of 2022, smartphone ownership is at 21 per cent in Sub-Saharan Africa and 35 per cent in South Asia compared to
76 per cent in high-income countries.
- People with disabilities in low- and middle-income countries are significantly less likely to own a smartphone compared to
people without disabilities.
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- A fairly consolidated market, with 6 to 10 major global companies.
- The United States, China, and Japan are the primary manufacturing locations.
- Local developers in South Asia and Africa are emerging to provide low-cost/ budget alternatives.
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- Premium smartphones range from 700 to 2,000 dollars, with mid- range options available from 400 to 700 dollars, and budget
options available for less than 100 dollars.
- Ultra-low-cost smartphones from local manufacturers may be available for as little as 50 dollars but provide limited functionalities.
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