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There's a stark contrast between the smartphone market today and what it was in 2010

May 10, 2018, 02:21 IST

As this chart from Statista shows, the smartphone market is a lot more profitable and far less diverse than it was seven years ago, thanks to the dominating success of a select few manufacturers.

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Overall smartphones manufacturers sell five times more devices than they did in 2010. While iOS' share of the market can only be attributed to Apple, Android's share is split among a number of manufacturers including Google and Samsung. Companies making phones that use Android sold a total of 1.3 billion smartphones in 2017 - more than four times the total number of smartphones sold in 2010.

It's a welcome change for app developers who can now create something that works for the majority - or at least a significant fraction - of smartphone owners. On the other hand, it's an unfortunate evolution for now non-existent operating systems like Blackberry and for the manufacturers responsible for the 1.5 million smartphones running an operating system that isn't iOS or Android.

Jenny Cheng/Business Insider

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