International Data Corporation (IDC) on Tuesday published its Quarterly Mobile Phone Tracker that reveals worldwide smartphone shipments declined 0.5 percent in 2017, which is incidentally the first time that the global market has witnessed a Year-on-Year (YoY) decline ever since “smartphones” were introduced, as per IDC. A total of 1.46 billion handsets – vast majority running Google’s Android or Apple’s iOS – were shipped in 2017. However, IDC expects growth to return in 2018 with an expected volume of 1.68 billion units in 2022, with a CAGR of 2.8 percent over the 2017-2022 period.
The IDC report claims that innovation in technology has been focusing on software and phone internals, with external hardware design taking a slight backseat.
This article was sourced from Gadgets360