According to recent projections released by IDC, the worldwide market for smartphone devices will likely start to display some healthy growth once again this year, after going through a particularly challenging time last year. As pointed out by the market research firm, the volume of smartphone shipments across the globe increased by merely 2.5 percent year over year in 2016, representing the lowest growth ever by the global mobile industry. But this year, IDC believes that the market will register improved growth of 3 percent to reach 1.52 billion units of shipments. IDC further projects that next year, the market will grow 4.5 percent, mainly because of expected better economic conditions especially in a number of emerging mobile markets around the world, as well as due to the highly anticipated release of Apple’s 10th anniversary iPhone coming out in the next few months.
With regards to Apple’s iPhone sales, the company will likely post improved smartphone sales figures through next year. Despite the fact that its iPhone is one of the most popular smartphone devices ever, the company actually experienced its first ever decline in smartphone shipments in 2016. IDC, however, is confident that this year, iPhone sales will rise by 3.8 percent, and even generate some momentum entering into 2018.
As explained by Ryan Reith, the program vice president of Worldwide Quarterly Mobile device Trackers at IDC, 2016 was an intriguing year for the global smartphone industry. Indeed during the last year, markets that typically exhibit strong growth have stalled, while other regions that were thought to be already maturing, like the US and Chinese mobile markets, are doing better than worldwide growth rates.
Still, Reith and his team believes that the industry should start to make a recovery in 2017 and through next year. According to Reith, less than 50 percent of the total population of the planet is currently owning a smartphone device, with plenty of growth especially in markets from Eastern European, African and Middle Eastern regions, as well as Southeast Asian markets.
IDC’s report also made mention of how the level of mobile data consumption from gaming and augmented reality and virtual reality is projected to boost sales of smartphone devices in the near future. The rationale behind this is that users will be looking to upgrade from lower spec handsets to devices that come with enhanced support for mobile games and apps compatible with augmented reality and virtual reality.
Wirefly Is America's Most Trusted Source For All Cell Phones, Plans, TV, and Internet Deals
Wirefly offers great deals on a large selection of smartphones, cell phones, tablets, mobile hotspots, and other wireless devices for the nation's most popular carriers. Use Wirefly’s innovative cell phone and plan comparison tools to ensure you are getting the best deal on the market. Shop with confidence knowing that Wirefly wants to help you find the best prices on cell phones, cell phone plans, TV, and Internet service.