American semiconductor-maker, Qualcomm, predicted that there is going to be a surge in the sales of smartphones for the next 4 years. Its prediction, 5 billion smartphones, irrespective of the platforms they are running, will be sold between 2012 and 2016. It is no surprise that mobile will become multi-billion, if not trillion, dollars industry in the next few years. That’s even the reason why companies like Google, Microsoft and Apple are diving headfirst into the mobile payment system to become one of the pioneering companies in the sector.
Logically, as technology advances, devices become stronger and better each year and people would always be attracted to them. This is one factor why mobile industry is currently on a fast track to growth. A couple of years back, devices running dual-core processors are enjoying being dubbed as “high end” devices, but today, they are about to be put under the entry-level. As mobile standards increase, the industry also grows considerably.
According to Qualcomm, mobile is redefining computing and putting it on a higher ground than before. Among the things that contribute to the boost of the mobile market are people’s expectations for faster connectivity, the sense of portability without comprising usability, and longer battery life for mobile computers. Basically, this is what Qualcomm is also trying to accomplish; to build chips capable of running under 4G LTE networks, smaller but offers top-notch performance, and power-saver.
The mobile industry is one of the reasons why Qualcomm, as a company, has grown considerably in the last couple of years. Its prediction that 5 billion smartphones would be sold in 4 years’ time may seem a bit rough but analysts believe it’s realistic. Being a major LTE chip provider, Qualcomm is positive its chips will play a great role in the growth of the mobile industry. “However, it’s not just mobile that excites the company and it also predicts that the quantity of content that we will be bringing into our homes through internet services will more than triple by 2016,” says report from Pocket-lint.