Gartner: Smartphone sales growth to hit new low this year

Gartner: Smartphone sales growth to hit new low this year
The smartphone industry has certainly matured over the last few years and in 2016, for the first time ever, year-over growth in sales will not reach double-digits. The information comes from research firm Gartner, which forecast today that 2016 smartphone sales will rise only 7% to 1.5 billion units sold.

Gartner blames the lower growth on flat sales numbers in important regions like North America and China. Last year, Gartner reported that global smartphone sales rose 14.4% to 1.4 billion units. Including non-smartphones, there will be 1.9 billion mobile phones rung up in 2016, a 1.4% gain for the year.
The research firm says that in North America, consumers are less likely to upgrade to a new phone thanks to a combination of incremental updates and more complex deals from carriers. In emerging Asian/Pacific markets, 150 million people will delay updating from a feature phone to a smartphone, because of a dearth of functional low-end smartphones selling at a good price.

source: Gartner via Reuters
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