Worldwide smartphone shipments to grow 1.4% in 2018, says report
Updated : June 18, 2018 06:56 AM IST
The global research and consulting firm said the drop in shipments and sales is mainly due to overall improvements in the capabilities of the latest handsets and a longer replacement cycle for recent phones.
It said that in 2019, the worldwide market for smartphones may expand 3.5 percent on-year followed by 4.4 percent growth in 2020 and 4.9 percent in 2021.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more