According to the latest projections from IDC, smartphone shipments may pick up steam next year following a steady but not spectacular string of recent years.
The newest forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker suggests that worldwide smartphone shipments are expected to rebound slightly in 2017 with expected growth of 3.0% over the previous year.
In 2016, year-over-year growth was 2.5%, marking the lowest growth the industry has ever experienced. With several major devices entering the market this year, IDC anticipates shipment volumes will grow to 1.52 billion in 2017.
IDC, however, expects this momentum to carry into 2018, when smartphone shipments are forecast to grow 4.5% year over year, fueled by improved economic conditions in many emerging markets and a full year of new iPhone shipments from Apple.
IDC believes that “media consumption, gaming, augmented and virtual reality, and constant connectivity” are the biggest drivers of the anticipated growth trend.