More than 1 billion feature phones to be sold in 3 years: Report

New Delhi: Over a billion feature phones would be sold over the next three years as the segment is forecast to generate around $16 billion cumulatively in wholesale hardware revenues globally, a new report by Counterpoint Research said.
India continues to be the largest market in terms of potential feature phone volumes followed by Bangladesh and Nigeria.
According to Counterpoint research, in contrast to the smartphone market which contracted for the first time in 2018, the feature phone market has continued to grow over the last three years. In 2019, a little more than 400 million feature phones would be sold globally.
“India and the Middle East Africa region will see cumulative shipments of around 800 million feature phones out of more than one billion global feature phone shipments over the next three years,” Peter Richardson, Research Director at Counterpoint Research, said in a statement.

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