Smartphones are expected to become the "largest handset segment in the world" by 2014, as more consumers ditch old mobile phones for modern devices.
ABI Research also forecasts that popularity of Long Term Evolution (LTE) gadgets will soar in the coming years, representing 35 per cent of the market by 2018.
Gadget lovers looking to equip themselves with the most modern handsets should opt for the likes of the Apple iPhone 5, Samsung Galaxy S3 or Nokia Lumia 920.
These smartphones utilise the iOS, Android and Windows Phone operating system respectively, meaning users have access to impressive virtual application stores.
Tools and games, which can often be downloaded for free, allow owners to easily perform personal admin, learn something new or communicate with friends.
LTE capabilities are also incorporated, allowing users access to the latest high-speed 4G networks, while advanced processors provide impressive performance.
Those who update to the latest premium mobile phones also benefit from top camera hardware and software, meaning they can take fantastic photographs on-the-go.
Posted by Simon Thomas