The above graph represents the year-over-year growth in the global smartphone shipments by year, from 2009 to 2018. Since 2017 the industry has been failing to register any growth in the worldwide smartphone shipments. In 2018, a total of 1.4 billion units of smartphones were shipped worldwide, resulting in a 4.1% YoY decline. Samsung, Apple, Huawei remained the world’s top 3 smartphone vendors.
|Duration||CY 2009 – 2018|
The number of smartphones shipped in 2017 totaled 1.47 billion units. The saturated US smartphone market and increased penetration of smartphones in China were the prime reasons behind a 0.5% YoY decline.
In 2013, it was the first time when more than 1 billion smartphone units were shipped in a year. A total of 1.01 billion units were shipped by all the vendors worldwide. Almost all the vendors in developed and developing countries received encouraging response from the market. Between 2011 and 2013, the total number of yearly smartphone shipments doubled.
In 2014, the worldwide smartphone shipments reached a new height by recording 26.2% YoY growth. During the year a total of 1.28 billion units of smartphones were shipped across the globe.
The yearly growth in the worldwide smartphone shipment continued until 2016. With 2.5% YoY growth the total smartphone shipments figure reached to record high 1.47 billion. It was the time when smartphone penetration in the US and China reached to record high level, which has had a direct impact on the demand of smartphones in the following years.
As the developed markets started showing signs of saturation, the worldwide smartphone shipment declined the first time in history. In 2017, nearly 8 million lesser smartphones were shipped as compared to the previous year. The demand continued to decline in 2018 as well as the total number of smartphone shipments reached 1.40 billion units.
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