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IDC: Smartphone shipments forecast to reach lowest volume in a decade Market research News 

IDC: Smartphone shipments forecast to reach lowest volume in a decade

GaryPageau
Worldwide smartphone shipments are forecast to decline 4.7% year over year in 2023 to 1.15 billion units, the lowest volume in a decade, according to the International Data Corp. (IDC) Worldwide Quarterly Mobile Phone Tracker. This is a downward revision from IDC’s previous forecast of -3.2%, driven by a weaker economic outlook and ongoing inflation, which has dampened consumer demand and... Read More
IDC: Worldwide smartphone shipments continue to decline with 7.8% Market research 

IDC: Worldwide smartphone shipments continue to decline with 7.8%

GaryPageau ,
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

GaryPageau ,
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: China’s smartphone market fell 13.2% to a decade low in 2022 Market research 

IDC: China’s smartphone market fell 13.2% to a decade low in 2022

GaryPageau , ,
According to the IDC Worldwide Quarterly Mobile Phone Tracker, 285.8 million smartphones shipped in China in 2022, down 13.2% year-on-year (YoY) to below the 300 million mark for the first time in ten years. In 4Q22, the market declined 12.6% YoY to 72.9 million units. Both full-year 2022 and 4Q22 shipments were near their decade-ago levels as the strict COVID policy... Read More
IDC: Smartphone shipments suffer 18.3% drop in the holiday quarter Market research 

IDC: Smartphone shipments suffer 18.3% drop in the holiday quarter

GaryPageau ,
Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022 (4Q22), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The drop marks the largest-ever decline in a single quarter and contributed to a steep 11.3% decline for the year. 2022 ended with shipments of 1.21 billion... 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

GaryPageau ,
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
IDC: Smartphone market suffers fifth consecutive decline in global shipments in Q3 Market research News 

IDC: Smartphone market suffers fifth consecutive decline in global shipments in Q3

GaryPageau , ,
Worldwide smartphone shipments declined 9.7% year over year to 301.9 million units in the third quarter of 2022 (3Q22), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The drop marks the largest-ever third-quarter decline and the fifth consecutive quarter of decline for the smartphone market as shipments continue to struggle amidst weakened global demand... Read More
IDC forecasts worldwide foldable phone shipments will reach 41.5 million in 2026 Market research 

IDC forecasts worldwide foldable phone shipments will reach 41.5 million in 2026

GaryPageau
International Data Corporation (IDC) expects worldwide shipments of foldable phones, including flip and fold form factors, to reach 13.5 million units in 2022. This represents an increase of 66.6% over the 8.1 million units shipped in 2021. An updated IDC forecast projects foldable phone shipments will reach 41.5 million units in 2026, with a compound annual growth rate (CAGR) of... Read More
IDC: Smartphone shipments decline for the fourth consecutive quarter Market research 

IDC: Smartphone shipments decline for the fourth consecutive quarter

GaryPageau ,
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: First-quarter smartphone shipments declined 8.9% Market research 

IDC: First-quarter smartphone shipments declined 8.9%

GaryPageau ,
Worldwide smartphone shipments declined 8.9% year over year in the first quarter of 2022 (1Q22), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This marks the third consecutive quarter of decline for the smartphone market as shipments fell to 314.1 million units in the quarter, about 3.5% lower than IDC forecast in February. “Although... Read More
IDC: AR/VR headset shipments grew dramatically in 2021 News 

IDC: AR/VR headset shipments grew dramatically in 2021

GaryPageau , ,
The worldwide market for augmented reality and virtual reality (AR/VR) headsets grew 92.1% year over year in 2021 with shipments reaching 11.2 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly AR/VR Headset Tracker. The holiday quarter was a major driver for the industry as almost half the annual volume was shipped during 4Q21, closing out... Read More
IDC: Global smartphone shipments continue to grow Market research News 

IDC: Global smartphone shipments continue to grow

GaryPageau ,
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

GaryPageau ,
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

GaryPageau ,
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
IDC: Smartphone recovery continues with shipments up 25.5% in the first quarter of 2021 News 

IDC: Smartphone recovery continues with shipments up 25.5% in the first quarter of 2021

GaryPageau
The pace of recovery for the smartphone market accelerated in the first quarter of 2021 (1Q21) with 25.5% year-over-year shipment growth. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped nearly 346 million devices during the quarter. The strong growth came from all regions with the greatest gains coming from China and... Read More