In the following article charts from Statista.com looks at the Cell Phone sales situation as of the end of the 3rd quarter of 2018. At this point it looks like sales have leveled off but it is quite possible that people are simply waiting for the advent of the new 5G phone capability.~Tim McMahon, editor.
Have We Reached Peak Smartphone?
by Felix Richter,
According to latest estimates from market research firm IDC, global smartphone shipments amounted to 355.2 million units in the third quarter of 2018, marking the fourth straight quarter of negative growth for the smartphone market. For the first nine months of 2018, global shipments added up to 1.03 billion units, down 3.6 percent from the same period last year.
With smartphone penetration reaching saturation levels in many regions and technological advances becoming rarer and less obvious to the average user, it was only a matter of time before the market reached this point. But have we reached the peak of the smartphone era yet? Or in other words: will things only go downhill from here?
The market researchers at IDC don’t think so. Attributing the current slowdown at least partly to challenging conditions in the world’s largest smartphone market, China, IDC expects the global market to return to modest growth in 2019 before the introduction of 5G devices will drive further growth until 2022.
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Reprinted by Permission from the following Sources:
https://www.statista.com/chart/12798/global-smartphone-shipments/
https://www.statista.com/chart/15698/favorite-smartphones-around-the-world/
https://www.statista.com/chart/15561/smartphone-sales-by-os/
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