IDC Report Indicates Worldwide Smartphone Growth is Slowing

Research firm IDC is forecasting that this year will mark the first period that the rate of global smartphone expansion will drop to single digits, with growth slowing significantly in the Asia Pacific region, Latin America and Western Europe. Growth has stagnated in China, the world’s largest market. The report “predicts total smartphone shipments in 2015 will amount to a 9.8 percent increase compared to last year, or 1.43 billion units,” explains Wired. “IDC expects that Windows Phones and other phones running on operating systems other than Android or iOS will ship in significantly less quantities in the future.” This may be good news for Apple, which is leading the market with new financing and trade-in options.

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