Monday, June 3, 2019

Smartphone Sales Might Dip 3% in 2019

Uncertainty about the size of smartphone sales is more uncertain than is typically the case, says Canalys, which now projects that smartphone shipments will drop about three percent in 2019, the sixth straight quarter of falling sales.

The longer-term view remains that phone sales are a relatively mature business based mostly on replacement.

source: Canalys 

And that is one more reminder that, although mobility services have driven global telecom industry growth for decades, most of that growth now is slowing to zero or near zero in developed countries, with low single digit growth in many developing countries.

North American phone sales dropped five percent in the first quarter of 2019, for example.



Most observers believe internet of things is the most-logical candidate for the next wave of incremental growth. Whether IoT will be big enough to propel revenue growth offsetting declines in the consumer segment remains quite unclear.

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