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Smartphone market to grow at 3.3% CAGR to 2021 - IDC

2017-08-29 16:43:00| Telecompaper Headlines

(Telecompaper) The global smartphone market will continue growing until at least 2021, driven by more first-time users and consumers replacing their phones around every two years, according to a new forecast from IDC. After the first year of single-digit growth in unit shipments in 2016, the smartphone market is expected to grow at a CAGR of 3.3 percent in the five years through 2021, the market researcher predicts.

Tags: to market grow smartphone

IDC says world smartphone market contracted 1.3% in Q2

2017-08-02 16:48:00| Telecompaper Headlines

(Telecompaper) The global smartphone market contracted 1.3 percent year-on-year in the second quarter to 341.6 million units, as many smaller players saw a drop in shipments, according to latest figures from IDC. The figures contrast with an earlier report from Strategy Analytics that estimated the market grew 5.5 percent in Q2.

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Smartphone sales to slow to 3.1% in 2016 - IDC

2016-06-02 09:09:00| Telecompaper Headlines

(Telecompaper) The smartphone market will grow just 3.1 percent to 1.48 billion units this year, below the previous prediction of a 5.7 percent growth, according to the latest report from IDC. The figure represents a significant slowdown from growth of 10.5 percent last year and 27.8 percent in 2014, said IDC, which updated its forecast to reflect the continued deceleration in China and mature markets, with Japan and Canada expected to contract by 6.4 percent and 6.9 percent. However, shipments are still set to increase at a CAGR of around 5 percent to 1.84 billion by 2020.

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