Founded in 1865 as a paper mill company in Finland, Nokia evolved into a telecommunications giant by the late 20th century. Its focus on mobile technology led to groundbreaking devices that became household names worldwide. Key Milestones: Why Nokia Rose to Power: The Fall of Nokia: What Went Wrong? Despite its dominance, Nokia’s downfall was […]
After a turbulent period marked by supply chain issues and economic uncertainty, the global smartphone market bounced back in 2021, shipping 1.35 billion units for the year. This marked a 7% growth year-on-year, bringing shipments close to the pre-pandemic levels of 2019. In Q4 2021, the market grew by 1% year-on-year, with 363 million units […]
Despite a challenging year marked by a global pandemic and economic downturns, the worldwide smartphone market showed resilience in Q4 2020, shipping 359.6 million units, a slight decline of 2% year-on-year. Apple emerged as the leader, shipping 81.8 million iPhones, the company’s highest quarterly shipments to date, driven by strong demand for the iPhone 12 […]
After years of ups and downs, the global smartphone market recorded growth in Q4 2019 for the second consecutive quarter, rising by 1% to 369 million units. This growth signals a cautious recovery for the industry, which saw overall global shipments fall by 2% for the year, totalling 1.37 billion units compared to 1.4 billion […]
2018 saw the global smartphone market continue its decline for the fifth consecutive quarter, marking a 6% drop in Q4 and a 5% year-over-year decrease. According to a report from Canalys, global shipments totalled 1.4 billion units for the year, down from 1.5 billion in 2017. Despite this, Apple managed to overtake Samsung in Q4 […]
2017 marked a significant milestone in the smartphone industry as global smartphone shipments declined for the first time since the modern smartphone era began. According to Mary Meeker’s annual Internet Trends report and IDC’s findings earlier in the year, shipments fell by 0.5%. This came on the heels of lukewarm 2% growth in 2016, indicating […]
A Roller Coaster Year for Smartphones As we bid farewell to 2016, the smartphone market has left us with plenty to reflect on. In a year described as a “roller coaster” by IDC, global smartphone growth slowed to just 2.3%, a significant drop from the robust 10.4% seen in 2015. For the first time since […]
The lower adoption of the iPhone 6s compared to the iPhone 6 highlights a few interesting trends in consumer behavior and the smartphone market dynamics. Here’s what this might mean: In short, the slower adoption of the iPhone 6s was less about the device itself and more about shifts in consumer expectations, technology maturity, and […]
Remember the days of fumbling for cash or frantically searching for your credit card at the checkout? Those days are fading fast thanks to the rise of mobile payments. With a simple tap of your smartphone, you can pay for your latte, groceries, or even a new pair of shoes. But with Apple Pay and […]