Strategy Analytics (SA) recently released a report in which projects that mobile phones shipments worldwide will grow under 2% for the third consecutive year in 2018, but it also foresees a notable growing trend from 2019 and onward.
The enhanced capabilities in hardware and software and longer replacement cycle for of the latest handsets are considered as the main reasons behind this three-year slump that has its top mark in 2016 with 1.8 %.
Additionally, top phones coming with higher prices and greater penetration across the globe are also affecting the sums that reached 1.49 billion units this year.
While these numbers vastly differed from the 2007 double digits record levels with the launch of the first iPhone, the study from SA envisions next year as the beginning of a newer, quicker growing curve that could easily surpass the 2%.
The factor that could impulse it is the development and the establishment of quicker and more stable 5G networks, a feature that could require more recent devices to enjoy to its features and potentiality to its full capacity.
In the following years, Strategy Analysis predicts that the worldwide market for mobile devices will start growing at a pace of 3.5 percent in 2019, followed by 4.4% in 2020 and 4.9 in 2021.