Smartphone shipments tripled since ’08. Dumb phones are flat by Philip Elmer-DeWitt @FortuneMagazine November 1, 2011, 5:38 PM EST E-mail Tweet Facebook Google Plus Linkedin Share icons The latest graphic from Asmyco shows an ocean of opportunity Source: Asymco.com Horace Dediu summarized three years of mobile phone data Monday in another striking color-coded chart. This view of the market offers three key take-home messages: Most of the growth in mobile phone shipments has been in smartphones, which have tripled in the past three years (from 40 million to about 120 million) while non-smartphones barely increased (from 258 million to 272 million). Most of the smartphone growth was in the brown area Dediu calls “licensed OS phones” — essentially Google GOOG Android phones. Apple’s AAPL share of the market is expected to recover next quarter but will likely stay below 5%. There’s an ocean of opportunity in the 70% of the mobile market that hasn’t yet switched to smartphones. More analysis, raw data and some of the best curated discussion on the Internet at Asmyco.com.