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Smartphone shipment growth will slow to 6.2 percent in 2018

Smartphone shipment growth will slow to 6.2 percent in 2018

Smartphone shipment growth will slow to 6.2 percent in 2018 from 19 percent this year now that many consumers in markets like North America and Europe already have devices like the iPhone or Galaxy S5, research firm IDC said.

Smartphone makers will deliver 1.2 billion devices this year after passing the billion mark in 2013, IDC said today in a statement. Still, growth in 2014 will decline from 38 percent last year, the most significant slowdown yet, the firm said.

http://www.bloomberg.com/news/2014-02-26/idc-sees-smartphone-growth-slowing-to-6-by-2018-as-demand-wanes.html