Research firm IDC thinks the tablet market will grow in 2014 compared to 2013 but at a slower pace than it previously forecasted, with a maturing market, stabilizing prices and a decline in low-cost tablets all contributing to the weaker growth.
The worldwide tablet market is forecast to grow by 19.4 per cent in 2014, down from a growth rate of 51.6 per cent in 2013, according to latest forecasts from IDC. The research company reduced the 2014 forecast by 3.6 per cent from its previous projection.
Worldwide smartphone shipments will slow to 8.3 per cent annual growth in 2017 and 6.2 per cent in 2018, according to latest figures from IDC. This contrasts with 39.2 per cent growth from 2012 to 2013, when smartphone units surpassed 1 billion for the first time.
According to a new report from research firm IDC, Google's Android platform is predicted to maintain the top spot among smartphone platforms this year, with 78.9 percent global market share.
Gartner said 2013 was a tipping point for the mobile phone market, as smartphone sales outpaced feature phones for the first time.
It's the kind of strategy that might catch iOS and Android developers off guard: a mobile OS platform provider going out of its way to make it easier to publish on its app store.
Lenovo CEO Yang Yuanqing said he hopes the company's $2.91 billion purchase of Google's Motorola Mobile division will help it to pass smartphone market leaders Samsung Electronics and Apple, though he acknowledged that would take time.
Samsung, the clear leader in worldwide smartphone shipments, is collaborating with Carphone Warehouse on a new store concept that will see the mobile phone retailer operate more than 60 Samsung standalone stores across Europe.
Samsung Electronics and Apple maintained their stranglehold on the global smartphone market in the fourth quarter and for all of 2013, according to multiple research firms, but lower-end rivals are gaining market share at a faster pace. That may mean that over time the market for high-end, high-margin phones will erode, as average selling prices for smartphones worldwide fall.
Although research firm IDC is predicting the global smartphone market will continue to grow by leaps and bounds in the years ahead, the firm is also cautioning that that growth won't occur through sales of expensive phones. Instead, IDC is forecasting the average smartphone will cost just $265 by 2017.