Wednesday, June 29, 2016

Worldwide Smartphone Sales to Grow at Slower Pace in 2016 - Richard Chang, THE Journal

Global smartphone sales will continue to grow, but not in the double digits anymore, according to market research firm Gartner. Smartphone sales are expected to grow 7 percent worldwide in 2016 and reach 1.5 billion units. That is significantly down from 14.4 percent growth in 2015, but it’s still substantial growth, equating to a new smartphone for one out of every five human beings on the Earth. In 2010, smartphone sales hit their highest growth, at 73 percent, Gartner said. In 2020, smartphone sales are on pace to total 1.9 billion units. “The smartphone market will no longer grow at the levels it has reached over the last seven years,” said Roberta Cozza, research director at Gartner, in a prepared statement. https://thejournal.com/articles/2016/06/15/worldwide-smartphone-sales-to-grow-at-slower-pace-in-2016.aspx

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