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Phablets To Outsell Regular Smartphones By 2019: Report

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Big-screen smartphones known as phablets (short for phone-tablets) are expected to outsell regular-sized smartphones by 2019, research firm IDC said Wednesday.

[ibd-display-video id=2972060 width=50 float=left autostart=true]Shipments of phablets will "far outpace" the total smartphone market over the next five years, IDC said in a news release . Phablets have screen sizes of 5.5 inches to 7 inches.

Phablet shipments are seen climbing from 611 million units in 2017 to 1 billion units in 2021, representing a compound annual growth rate of 18.1%. During the same period, normal smartphones, those with displays under 5.5 inches, will decline 7.4%, IDC said.

IDC forecasts the total smartphone market will grow at a compound annual rate of 3% over the five-year period.

Popular phablets today include Samsung's Galaxy Note 8, which has 6.3-inch display, and Apple 's ( AAPL ) iPhone X, which has a 5.8-inch display.

Apple reportedly is planning an all-phablet lineup for fall 2018. It is working on new iPhone models with display sizes of 5.8, 6.1 and 6.5 inches, according to KGI Securities analyst Ming-Chi Kuo.

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Phablets are expected to account for 41% of Apple's smartphone shipments in 2017 and 50% or more in 2018, IDC said. In addition to the iPhone X, Apple's phablets include the 5.5-inch iPhone Plus handsets.

Phablets using the Android operating system from Alphabet ( GOOGL )-owned Google have been the primary driver of large-screen smartphones, and IDC expects that trend to continue.

"In 2012, phablets were just 1% of smartphone shipments and now they are approaching 50% of the market just a few years later," IDC analyst Ryan Reith said in a statement. "Consumers continue to consume more video entertainment, gaming, social media, and other data-heavy applications on their smartphones, making the display size and type a critical factor in smartphone buying decisions."

IDC predicts that phablets will make up 41% of smartphone shipments this year, 49.4% in 2018 and 52.3% in 2019.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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