Global smartphone demand up 7% in Q1 2015
August 17, 2015 - 15:40 AMT
PanARMENIAN.Net - In the first quarter of 2015, global smartphone unit demand increased 7 percent, compared to the same period last year, according to GfK, Germany's largest market research institute.
Sales reached 310 million units, with growth down from 19 percent year-on-year in Q4 2014. This slowdown was caused by a year-on-year decline in demand for smartphones in China and Developed Asia, down 14 percent and 5 percent, respectively.
Smartphone sales value in Western Europe declined on a year-on-year basis for the first time in Q1 2015, dragged down by Spain and France. As smartphone penetration nears saturation point, both countries are expected to see a slowdown in smartphone unit growth this year compared to 2014.
In Central Europe, the macroeconomic situation in Russia has significantly impacted sales. As a result, GfK forecasts that 2015 smartphone demand in the region will grow more slowly than Western Europe for the first time since 2010.
Kevin Walsh, director of trends and forecasting at GfK commented, “The weakness in China was caused by a significant slowdown in 3G demand, which was not offset by 4G growth. We forecast China to return to growth in the second half of the year, driven by a continued 4G ramp-up. In Developed Asia, the year-on-year decline was caused by tough comparisons with Q1 2014, when demand was pulled forward in Japan due to an upcoming VAT increase in April. We forecast unit demand in Developed Asia to grow by 3 percent year-on-year in 2015, driven by Japan and South Korea, which are expected to return to growth in 2Q15.”
In Q1 2015, 4G unit share surpassed 50 percent of global smartphone demand for the first time. China saw the greatest 4G share increase in the quarter – up 16 percentage points to 73 percent, from 57 percent last quarter. Growth has been buoyed by the continued price erosion of 4G smartphones. GfK forecasts global 4G share to increase further in 2015, reaching 59 percent in Q4 2015.
Smartphone growth in India and Indonesia is also expected to be helped by an expanding 4G network. In Q1 2015, 4G share in both countries was well below the global average, at 4 percent and 7 percent, respectively. GfK forecasts 4G unit share within smartphones to reach 7 percent in India and 10 percent in Indonesia in 2015.
Q1 2015 saw a continued shift towards larger screen sizes (5”+), where sales of 166m units equated to 47 percent of the global smartphone market, up from 32 percent in Q1 2014. Share of large screen devices in N. America hit 70 percent in the quarter, up from 59 percent in the same period last year, driven by strong demand for high-end models. By comparison, in China, where the trend is particularly pronounced, the growth in share to 57 percent - from 32 percent in Q1 2014 - was driven by cheaper large screen models flooding into the market. GfK forecasts this screen size migration to continue in 2015, with global demand for large screen devices increasing by +30 percent year-on-year to account for 69 percent of total smartphone unit demand this year.
Low-end smartphones - those priced in the region up to $250 - increased share to 56 percent, up from 52 percent in Q4 2014, at the expense of the high-end models ($500+), whilst mid-range ($250-500) share remained stable. GfK forecasts low-end smartphones to gain further share in 2015, helped by continued price erosion in emerging markets.
“GfK forecasts global smartphone unit demand to grow +10 percent year-on-year in 2015, a slowdown from the +23 percent growth experienced last year. Emerging Asia is forecast to be the fastest growing region, driven by India and Indonesia, where low smartphone penetration leaves plenty of room for growth,” Walsh said.
Ara Khachatryan, the current CEO of Ucom CJSC, and the Board have mutually agreed upon transition of his executive functions.
Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls.
Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."
The care reaction is slated to launch globally on Facebook’s app and website sometime next week.
Armenian PM to travel to Sochi on June 7 Armenian Prime Minister Nikol Pashinyan will leave for Sochi on June 7 on a three-day working visit.
Armenian Patriarch of Constantinople to arrive in Armenia Armenian Patriarch of Constantinople Sahak II Mashalian will arrive in Armenia.
The Power of One Dramik: Idram Junior users donate Idram’s The Power of One Dram initiative is joined by The Power of One Dramik, a program that allows younger users to donate money to charities.
Armenia expects Azerbaijan to publicly recognizes its territorial integrity Armenia expects Azerbaijan to publicly confirm that it recognizes the territorial integrity of Armenia with an area of 29,800 square kilometers.