The report finds that developing world overtook the developed world in terms of smartphone connections in 2011 and today accounts for two in every three smartphones.

By 2020, four out of every five smartphone connections worldwide will come from the developing world.

Asia Pacific today accounts for about half of global smartphone connections, even though smartphone penetration in the region is currently calculated at below 40 per cent. The Asia Pacific total is boosted by the inclusion of China, the world's largest smartphone market, with more than 629 million smartphone connections.

China is followed by US (196.8 million connections), Brazil (141.8 million) and India (111 million connections).

The report forecasts that in the next six years the smartphone market will be driven by rising demands in the developing world, as in the developed world the smartphone penetration is approaching the 70 to 80 per cent 'ceiling' at which growth tends to slow.

Smartphone connections grew by 35 per cent in North America and by 39 per cent in Europe between 2010 and 2013, compared to growth rates of over 80 per cent during the same period in Asia Pacific and Latin America.

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