Strategy Analytics has released a report stating that the South Korean smartphone market is expected to mark a decline in 2013. The reason behind the negative market growth, according to the agency is the smartphone saturation. More specifically, the market is expected to contract by 14 percent compared to 2012. Due to the smartphone market decline, around 26.3 million units will be sold in 2013 compared to 30.7 million last year.
While it's unclear what sales data was used by the report, it does make sense that once smartphones reach a certain level of penetration, their rapid sales growth would stop.
GSM Arena , Smartphone market in South Korea expected to decline, Smartphone market in South Korea expected to decline
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