The smartphone market shrinks by 3.8 percent in 2019 compared to 2018, predicts market analyst Gartner.
According to Gartner, a total of more than 1.8 billion smartphones were shipped in 2018. The analyst estimates that the market will shrink this year to 1.75 billion shipped mobile phones. Compared to 2015, the market has shrunk by 10 percent.
Gartner says the market is satiating. "If cell phones don't offer significant enhancements or additions, users won't upgrade," says Gartner researcher Ranjit Atwal. "They stick to their devices for longer."
Gartner says that around 6 percent of the phones sold support the new and faster 5G network next year. "In 2023, that share will have risen to 51 percent of smartphones sold."
See also: 5G is coming in 2019, but true potential is not yet available