Smartphone sales are growing more slowly than ever before

Researchers from the International Data Corporation have released a rather surprising forecast for the future of the smartphone industry, one which predicts that global smartphone shipments will see single-digit growth this year for the first time. The forecast claims that smartphone shipment will grow by 9.8% this year, which doesn’t mean that the market is shrinking, it just means that it’s growing more slowly, which is still a problem. Having already slowed down to single-digit growth, smartphone companies will need to start working harder in order to keep the momentum going, otherwise the smartphone market may start to fizzle out.