Worldwide smartphone market will continue to face several negative impacts including economic policy uncertainty in both China and the United States so the industry will only mange to see a 1.3% year-on-year growth in 2019, according to the Taipei-based government-backed IT research institute MIC (Market Intelligence & Consulting Institute). "With its development strategies in Europe and India paying off, Huawei is projected to see its market share in smartphones surpass Apple in 2019 for the first time," says Eddie Han, senior industry analyst with MIC.
Worldwide Smartphone Market Share by Brand, 2017 – 2019
Source: MIC, January 2019
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Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry.