Smartphone business
Source: unsplash

The International Data Corporation (IDC) has surveyed mobile phone shipments internationally. According to the data, smartphone shipments have experienced a sharp decline in recent years. The first quarter of 2019 (1Q19) is reported a 6.6% year over year drop. An overall 4.1% decrease in 2018 over 2017.

Anthony Scarsella, research manager with IDC’s Worldwide Quarterly Mobile Phone Tracker describes the cause for the decline in smartphones sales. He says “Consumers continue to hold on to their phones longer than before as newer higher priced models offer little incentive to shell out top dollar to upgrade.

Moreover, the pending arrival of 5G handsets could have consumers waiting until both the networks and devices are ready for prime time in 2020.”

Smartphone Business.
Source: idc

The decline in the smartphone business has led to a deeper challenge in the market among the manufacturers. However, Huawei appears to grow and maintain its stature despite the vicissitudes. It shows a 50% increase in shipments significantly growing its volume and shares.

Samsung with a 71.9 million shipment in 1Q19 faced an 8% drop in volumes. Even though the Samsung Galaxy S10 series launched this year did well in the market, Huawei seizes the gap between them.

Apple’s smartphone has enormously dropped 30.2% shipping only 36.4 million units in this quarter. Apple’e pact with Qualcomm is believed to give a boost with their launch of 5G phones.

Xiaomi smartphone, which experienced a 10.2% decline year over year, has supposedly grown its quarterly shipments in India this year. Vivo might have grabbed a position within top 5 but the smartphone shipments did face a drop from the previous years.

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