Three industry research firms – Strategy Analytics, Juniper Research and IDC – are all confirming a trend that was predicted earlier this year. According to this latest FierceWireless article, the overall growth numbers for global smartphone shipments are slowing down.
Depending on whose numbers you follow, shipments ranged between 342.5 million and 355.2 million in the third quarter of 2015. While the numbers show anywhere from 6.8% to 10% growth over the previous year, it happens to be the slowest growth rate in six years in the U.S., Europe, and China.
All three research firms did agree on one thing: Samsung is turning a corner, showing positive growth for the first time in six quarters. The reasons cited for the growth are select price cuts and new models, including the Galaxy Note 5, A8, and J5. The company also remains the overall leader in the worldwide smartphone market, with Apple sitting in second spot.
Do you think the market is saturated? Or is there room for more growth?
By the Cel-Fi Team