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Comment on Global Smartphone Growth Drops Below 10% As Chinese Market Saturates by Greg Armshaw
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Comments for TechNode
The global smartphone growth percentage will drop below double-digits for the first ever full year in 2015, according to market research company International Data Corporation (IDC).
IDC predicts that smartphone shipments will grow just 9.8% globally in 2015 to a total of 14.3 billion units, with no upturn in sight.
The Chinese market has been a significant driver in smartphone growth in the past few years.
According to IDC China is now a “replacement” market, meaning that the core group of consumers who previously drove smartphone adoption are already mobile.
The sub-$100 phones deteriorate quicker, which could bring the average replacement cycle to less than two years, according to IDC.
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