Smartphone market up by 56.7% in Q1 2010, says IDC

Global market for smartphone climbed up by 56.7% in the first quarter of the year and is expected to keep the same momentum thru out the year. According to IDC, vendors shipped a total of 54.7 million units in the first quarter of 2010 (1Q10), up 56.7% from the same quarter a year ago. In contrast, the overall mobile phone market grew 21.7%. Smartphones accounted for 18.8% of all mobile phones shipped in 1Q10, up slightly from 14.4% in 1Q09.

The smartphone market’s growth is impressive too when contrasted to the 38% growth in the fourth quarter, which is typically the strongest of the year. This demonstrates the tremendous potential of the market and the depths to which it plunged in the first quarter of last year.

As per IDC Worldwide Quarterly Mobile Phone Tracker, Nokia was the clear winner in the smartphone category followed by Blackberry, iPhone, HTC and Motorola.

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