Smartphone Sales Will Fall to Single-Digit Increases in 2016: Gartner

Those crazy former annual smartphone sales increases, such as the record 73% jump in 2010, are old history as market saturation continues.

Sluggish global smartphone sales will continue through 2016 as the annual double-digit sales increases of the past few years disappear and make way for single-digit increases.
That’s the conclusion of the latest research from Gartner, which predicts worldwide smartphone sales growth of only 7 percent, or about 1.5 billion handsets, through the end of the year.
“The smartphone market will no longer grow at the levels it has reached over the last seven years,” Roberta Cozza, an analyst with Gartner, said in a statement. “Smartphone sales recorded their highest growth in 2010, reaching 73 percent,” but those kinds of sales increases won’t be hit again anytime soon due to market saturation, according to the research firm.
The anticipated 7 percent growth rate for 2016 is down substantially from the…

Read the entire article from eWeek here: Smartphone Sales Will Fall to Single-Digit Increases in 2016: Gartner

 



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