2% Growth Rate Expected in 2019 Global Smartphone Market
Strategy Analytics forecasts that while global smartphone volume will decline in 2018, the market will bounce back with a low 2% growth rate in 2019.
The decline can be explained by the lengthening replacement cycle, the rise in smartphone prices, and saturated markets in the US and China. Vendors like Huawei, Xiaomi, OPPO, vivo, Transsion and Nokia will be key in driving growth in 2019.
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