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IDC: Worldwide smartphone shipments continue to decline with 7.8% Market research 

IDC: Worldwide smartphone shipments continue to decline with 7.8%

Worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in the second quarter of 2023 (2Q23), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. While this marks the eighth consecutive quarter of contraction as the market struggles with soft demand, inflation, macroeconomic uncertainties, and excess inventory, the rate of decline is... Read More
IDC: Weak consumer demand continues to delay a recovery for the smartphone market Market research 

IDC: Weak consumer demand continues to delay a recovery for the smartphone market

According to a new forecast from the International Data Corp. (IDC) Worldwide Quarterly Mobile Phone Tracker, global shipments of smartphones will decline by 3.2% in 2023, totaling 1.17 billion units for the year. This is a downward revision from the 1.1% decline forecast in February. The revision is being driven by several factors, including a weaker economic outlook and ongoing inflation. Despite... Read More
IDC: Global smartphone shipments continue to be Impacted by slowed demand and setbacks in China Market research 

IDC: Global smartphone shipments continue to be Impacted by slowed demand and setbacks in China

An updated forecast for the worldwide smartphone market from IDC is showing a more prolonged recovery than previously expected. According to the latest Worldwide Quarterly Mobile Phone Tracker forecast, shipments of smartphones will decline 9.1% in 2022, a reduction of 2.6 percentage points from the previous forecast. As a result, IDC expects smartphone shipment volumes to total 1.24 billion units in 2022. While... Read More
Sony improves external monitor function on Xperia smartphones Updates 

Sony improves external monitor function on Xperia smartphones

Sony Electronics Inc. released a software update enabling new external monitor capabilities in the Xperia PRO and Xperia PRO-I smartphones. In the Xperia PRO and the Xperia PRO-I, the External Monitor feature will now include Livestreaming, Wave Form, and False Color capabilities. The Wave Form monitor function checks exposure and RGB balance. The False Color function assists with iris setting... Read More
IDC: Smartphone shipments decline for the fourth consecutive quarter Market research 

IDC: Smartphone shipments decline for the fourth consecutive quarter

Worldwide smartphone shipments declined 8.7% year over year in the second quarter of 2022 (2Q22), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This marks the fourth consecutive quarter of decline for the smartphone market as shipments fell to 286.0 million units in the quarter, about 3.5% lower than forecast. “What started out as... Read More
IDC: Global smartphone shipments continue to grow Market research News 

IDC: Global smartphone shipments continue to grow

While the supply chain situation hasn’t drastically improved, the smartphone market has shown positive results in recent quarters. According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones are expected to grow 7.4% in 2021, reaching 1.37 billion units, followed by 3.4% growth in 2022 and 2023, respectively. The 7.4% growth can be attributed to a... Read More
IDC: Global smartphone market grew 13.2% in the second quarter Market research 

IDC: Global smartphone market grew 13.2% in the second quarter

Overall smartphone shipment volumes grew 13.2% year over year in the second quarter, slightly beating IDC’s forecast of 12.5% growth. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 313.2 million devices during the quarter, which further proves this market is headed back toward sustained growth. Every region contributed... Read More
IDC: 2021 smartphone growth to reach Its highest level since 2015 News 

IDC: 2021 smartphone growth to reach Its highest level since 2015

Following back-to-back quarters of growth, International Data Corporation (IDC) raised its near-term outlook for the global smartphone market. According to the IDC Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones are forecast to reach 1.38 billion units in 2021, an increase of 7.7% over 2020. This trend is expected to continue into 2022, when year-over-year growth will be 3.8% with shipments... Read More
OPPO introduces microscopic magnification in its latest camera smartphones News 

OPPO introduces microscopic magnification in its latest camera smartphones

Global smartphone company OPPO announce a microscopic lens on a smartphone called “Microlens.” The lens, which magnifies subjects 30 times optically, and 60 times with hybrid magnification, makes its debut on the OPPO Find X3 Pro. “OPPO has always broken barriers when it comes to smartphone cameras, with several ‘firsts’ to our name. Microscopic imaging was a natural step in smartphone... Read More
LG closing worldwide mobile phone business News 

LG closing worldwide mobile phone business

LG Electronics Inc. announced, in a decision made by its board, it is closing its mobile business unit: LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services.... Read More
Sony debuts Xperia PRO 5G smartphone for pro content creators New Products 

Sony debuts Xperia PRO 5G smartphone for pro content creators

Sony Electronics Inc. introduced a new professional 5G smartphone with HDMI connection, Xperia PRO. Sony claims the Xperia PRO is the world’s first smartphone with a dedicated HDMI input, allowing users to connect an Alpha camera or any other HDMI input equipped camera to enable a 5G data link to broadcast video in real-time. Using compatible third-party live streaming applications, ... Read More
IDC says fourth-quarter smartphone shipments show growth Market research News 

IDC says fourth-quarter smartphone shipments show growth

The worldwide smartphone market continued to improve in the holiday quarter of 2020 (4Q20) returning to familiar ground with 4.3% year-over-year growth, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. Smartphone vendors shipped a total of 385.9 million devices during the quarter. While the full year 2020 declined 5.9% compared to 2019, the progress... Read More
Rise Above Research forecasts global camera sales to drop 37% this year Market research 

Rise Above Research forecasts global camera sales to drop 37% this year

Fueled by the impacts of the ongoing COVID-19 pandemic, the global digital camera market will see its largest sales drop in history, according to Rise Above Research’s new 2020 Worldwide Digital Camera Forecast. The market will decline 37% overall, compared to 2019. Many factors are behind this decline, including the predominance of smartphones, the perceived lack of and economic impacts resulting... Read More
IDC expects worldwide smartphone shipments to plummet 11.9% in 2020 Market research 

IDC expects worldwide smartphone shipments to plummet 11.9% in 2020

The worldwide smartphone market is forecast to decline 11.9% year over year in 2020 with shipments totaling 1.2 billion units, according to the IDC Worldwide Quarterly Mobile Phone Tracker. The forecast follows the largest year-over-year decline in history in the first quarter of 2020. Smartphone shipments are now expected to decline 18.2% in the first half of the year as the... Read More
Worldwide smartphones decline 11.7 percent, according to IDC Market research News 

Worldwide smartphones decline 11.7 percent, according to IDC

Worldwide smartphone shipments decreased 11.7% year over year in the first quarter of 2020 (1Q20), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. In total, companies shipped 275.8 million smartphones during 1Q20. Although the first quarter usually experiences a sequential (quarter over quarter) decline in shipments, with the average sequential decline over the last... Read More