Home GfK upgrades global smartphone market forecast for 2016
 

Keywords :   


GfK upgrades global smartphone market forecast for 2016

2016-08-19 11:32:00| Telecompaper Headlines

(Telecompaper) GfK has upgraded its forecast for global smartphone sales, saying it sees stronger sales of mid-range and high-end phones, helping to reverse the trend of sub-USD 100 phones gaining share. It now expects annual sales of USD 425.9 billion, equal to growth of 5 percent from USD 406.0 billion in 2015, compared to a previous forecast for a small fall to USD 400.7 billion. GfK's forecast are based on retail sales, rather than manufacturer shipments as used by most market researchers. GfK said volume growth is coming from many emerging markets, especially a resurgent China, as well as parts of Asia and Africa. Especially consumers in rural areas are driving the demand, it said.

Tags: market global forecast upgrades

Category:Telecommunications

Latest from this category

All news

»
23.11()PC-88015\"2D
23.11180&100m
23.11kenG
23.11ps3 CECH-4300C HDMI500
23.11 UNDERTALE PIANO SCORE
23.11MM6 BM11-SEC3 LC
23.11
23.11Blu-ray
More »