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Friday, February 1, 2019

The Smartphone Market Is Now Officially in a Recession


The global smartphone market has now declined for four consecutive quarters and is effectively in a recession. The world smartphone market which is approximately 149.83 crores unit recorded in 2018. In 2017 it is 155.88 crore units. It has been decreased by 4% as compared to 2017. In sale of smartphone, this is the 5th continuous fall that had been recorded.


World smartphone market of Samsung has 19% of partnership after that Apple and Huawei have equal partnership of 14%. On the other hand, Xiaomi has 8% of partnership in the market.  Director of Counterpoint research Tarun Pathak told that the main reason of declining price of smartphone is development modernized phone by America, China and Western Europe.ss


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