Communications
Worldwide Smartphone Market Forecast, 2016-2020
January 21, 2016 / Edward Lin
15 Page, Statistics Report
US$1,500 (Single User License)

Abstract

The report finds that global mobile phone market volume is anticipated to witness 1.4% year-on-year growth in 2016 and reach 1.97 billion units, 1.53 billion of which will be smartphones. The market has dropped to single digits, representing that the market goes through a plateau period. This further proven by the fact that global smartphone market volume is predicted by MIC to grow at a CAGR (Compound Annual Growth Rate) of 4% between 2015 and 2020.
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