Technology
While China's smartphone market is still the largest in the world, it is no longer growing as before.
Updated : Mar 12, 2018, 02:29 AM IST
An American market research, analysis and advisory firm has predicted again that the global smartphone market will continue to see a slump in overall growth in 2015.
International Data Corporation (IDC) said that smartphone shipments worldwide will grow just 11.3% this year, down from 27.6% last year, and attributed the sluggish growth to the Chinese smartphone market reaching saturation. It also said that 2015 will be the first year that China's smartphone growth (2.5%) will be slower than the global market, reports TechCrunch.
IDC noted that slowdown in Chinese smartphone market will also impact Android's growth as the Google-developed mobile platform is also expected to see slower growth than the global market at 8.5% in 2015.
The figures were in line with smartphone shipment reports released by IDC earlier this year, in which it had predicted 11.8% worldwide growth in 2015.
While China's smartphone market is still the largest in the world, it is no longer growing as before.