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Home » Financial Inclusion » Emerging Country Smartphone Growth Spurting Forward

April 14, 2016 By Brian Prows

Emerging Country Smartphone Growth Spurting Forward

emerging country smartphone growth

The Pew Research Center continues to amaze me with its continuous, astounding studies on smartphone and technology ownership in developed and emerging countries. This article summarizes emerging country smartphone growth, compared to developed nations.

You’ll find the following tables and comments in a series of articles on the Pew website. Unless otherwise noted, the data was collected mid-2015; with significant growth in the past year, therefore, the smartphone ownership demographics are dated.

Smartphone Ownership – Global Divide

emerging country smartphone growth
As you can see, countries in the bottom part of the chart show the highest number of basic cell vs. smartphones, mostly in Africa, Asia, and Indonesia. Likewise, developed countries at the top have the highest percentage. Yet, as you’ll see in later charts, tremendous smartphone ownership in many countries such as India.
 
A 2014 estimate indicates that India and China together will shortly own more smartphones than the U.S. But the percentages are deceiving. The combined populations of India and China represent 25% of the world’s population. Therefore, China’s 58% and India’s 17% smartphone penetration is a huge number.

Emerging Country Smartphone Growth

Many emerging countries see steep increase in smartphone ownership
This chart shows double-digit year-over-year rises in Latin America—Mexico, Argentina, Chile, and Venezuela. Kenya, Nigeria, Senegal, and Ghana smartphone ownership rose in the single-digits. Keep in mind, however, that mobile money financial transactions are prevalent in these countries, especially in Kenya.

Age, Education, and Income Differences

The last chart in this article (see the Pew Report for two more), is the most revealing of the three. Clearly, Millennials (18-34), the better educated and those with higher incomes are much more likely to own smartphones, even in developing countries.

Notice India, in particular. Nearly a third of millennials and better educated Indians already have smartphones, while 20% of higher income residents own them.

In the Philippines and Indonesia, it’s 30%+ across the young, educated and wealthy.

On the African continent, 30% of millennials own them, although education and income are not strong determinants.

Likewise, Latin America boasts 50% smartphone ownership among all three demographics in Mexico, Argentina, Chile, and Brazil.

China, the most populous country, has a staggering 85%, 86%, and 75% smartphone penetration (millennials, better educated, and higher income, respectively). These percentages, representing millions of people, exceed those of Japan, Spain, and Italy

Millennials, more educated and wealthier people more likely to own smartphones
Smartphone sales, per Gartner and other research firms, have slowed. India is the exception.
 
Yet, as smartphones become cheaper and more plentiful, emerging country smartphone growth should continue expanding, reaching older, less educated and poorer segments of developing nations.

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