Smartphone Sales To Drop 2.5% In 2019
Global smartphone sales are forecast to drop 2.5% year-on-year in 2019, with 5G handsets tipped to spark a rebound in 2020 – e.g. the first 5G Apple iPhone.
According to latest Gartner numbers, worldwide sales of smartphone are tipped to notch 1.5 billion units this year.
Lengthening smartphone replacement cycles and the US ban on Huawei devices is expected to weaken smartphone demand in the first half of 2019.
“We expect demand to get even weaker in the second half as replacement of high-, low- and mid-end smartphones continues to slow, due to low value benefits,” claims Gartner Research VP, Annette Zimmermann.
“Although leading mobile manufacturers have started positioning their first 5G smartphones (such as the LG V50 ThinQ, OPPO Reno 5G, Samsung Galaxy S10 5G and Xiaomi Mi MIX 3 5G), and CSPs have started to offer some aggressively priced 5G service packages, 5G smartphone sales are set to remain small in 2019″
“Sales will start to ramp up in the second half of 2020 as the coverage and availability of 5G hardware services improve.”
Gartner expects sales of 5G smartphones to top 15 million units in 2019, representing less than 1% of total annual smartphone sales.
Smartphone sales are tipped to record the largest decline in Japan, Western Europe and North America during 2019.