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IDC Slashes Global Smartphone Shipment Forecast for This Yr to 0.6% Growth
30 May 2025 00:28
Data company IDC released a report on Thursday slashing this year's global smartphone shipment growth forecast from 2.6% to 0.6%, reflecting economic uncertainty wreaked by tariffs and a shrinkage in consumer spending.

The agency expected that due to increased smartphone penetration, extended replacement cycles, and the encroachment of second-hand devices, the annual growth rate will remain in the low single digits, with a CAGR of 1.4% anticipated from 2024 to 2029.
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