The global smartphone market is projected to experience its third consecutive year of declining shipments as smartphone volumes are forecast to fall by 0.8 per cent, with volumes dipping to 1.39 billion, said a International Data Corp (IDC) report.
According to IDC’s “Worldwide Quarterly Mobile Phone Tracker” report, the worldwide smartphone market is, however, expected to pick up momentum this year with year-over-year (YoY) growth of 2.3 per cent in the second half in 2019.
Global smartphone shipments are forecast to reach 1.54 billion units in 2023.