NEEDHAM, Mass. (BUSINESS WIRE) #Apple The pace of recovery for the smartphone market accelerated in the first quarter of 2021 (1Q21) with 25.5% year-over-year shipment growth. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped nearly 346 million devices during the quarter. The strong growth came from all regions
Posted March 9th, 2021 for IDC
NEEDHAM, Mass., March 10, 2021 – Despite many regions beginning their reopening process from COVID-19, PC demand across the globe remains strong and in some cases at record levels exiting 2020. The largest drivers of demand continue to be consumers and students needing reliable systems to be productive and connected, and corporate upgrades. Additionally, IDC believes strong demand exists for new PCs to enable hybrid use cases that will be required as the world finds a post COVID-19 normal. In 2020, PC shipments grew 12.9%; this momentum is expected to carry forward into 2021 as IDC forecasts 18.2% growth for the traditional PC market with shipments reaching 357.4 million this year. Looking further ahead IDC s outlook remains stronger than historical levels with a compound annual growth rate (CAGR) of 2.5% for the 2020-2025 forecast period.
CORRECTING and REPLACING Smartphone Shipments Return to Positive Growth in the Fourth Quarter Driven by Record Performance by Apple, According to IDC
By
Staff
2 months ago
FRAMINGHAM, Mass.–(BUSINESS WIRE)–#Apple–Please replace the release with the following corrected version due to multiple revisions.
The updated release reads:
SMARTPHONE SHIPMENTS RETURN TO POSITIVE GROWTH IN THE FOURTH QUARTER DRIVEN BY RECORD PERFORMANCE BY APPLE, ACCORDING TO IDC
The worldwide smartphone market continued to improve in the holiday quarter of 2020 (4Q20) returning to familiar ground with 4.3% year-over-year growth. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 385.9 million devices during the quarter. While the full year 2020 declined 5.9% compared to 2019, the progress toward market recovery has been impressive and IDC believes the momentum heading into 2021 will remain s
Smartphone Shipments Return to Positive Growth in the Fourth Quarter Driven by Record Performance by Apple, According to IDC
By
Staff
2 months ago
FRAMINGHAM, Mass.–(BUSINESS WIRE)–#Apple–The worldwide smartphone market continued to improve in the holiday quarter of 2020 (4Q20) returning to familiar ground with 4.3% year-over-year growth. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 385.9 million devices during the quarter. While the full year 2020 declined 5.9% compared to 2019, the progress toward market recovery has been impressive and IDC believes the momentum heading into 2021 will remain strong.
“There are a lot of elements at play that are fueling the smartphone market recovery – pent-up demand, continued supply push on 5G, aggressive promotions, and the popularity of low to mid-priced phones,” said Nabila Popal, research director with IDC’s World