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Home World Business

Global smartphone sales to rise 11.3% in 2015

byCustoms Today Report
27/05/2015
in World Business
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WASHINGTON: The global smartphone sales is expected to increase 11.3 percent in 2015, following robust growth in 2014 of 27.6 percent.

According to research firm IDC, tge overall market is moving forward in China, thanks to growth in other countries and estimated sales rising to 1.9 billion units by 2019 from a projected 1.44 billion this year.

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“Smartphone volume still has a lot of opportunity in the years to come, but two fundamental segments driving recent years’ growth are starting to slow,” said analyst Ryan Reith.

“As reported earlier in May, smartphone shipments in China actually declined year over year in the first quarter of 2015, showing that the largest market in the world has reached a level of maturity where rapid growth will be harder to achieve.”

Reith said China has been a key driver of Android, accounting for 36 percent of total volume in 2014.

Growth for Android, the free operating system from Google, will be only around 8.5 percent this year due to the China slowdown, according to IDC.

The forecast showed Android is likely to remain dominant this year with 79.4 percent of the market, while Apple’s iOS boosts its share to 16.4 percent. Windows Phone, the struggling mobile system from Microsoft, is likely to grab a 3.2 percent market share as unit sales increase to some 46.8 million, IDC said.

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