Research firm IDC said worldwide smartphone sales will likely increase just 3.1 per cent to 1.48 billion units, after 10.5 per cent growth last year.
IDC said it expects "low single digit growth" in the United States, Western Europe, and China while Japan and Canada are expected to contract by 6.4 percent and 6.9 percent, respectively.
The slowdown comes with the large markets generally saturated, and consumers keeping their handsets longer, because they are paying the full price without a subsidy from carriers.
This means that instead of getting devices from carriers, consumers are going directly to manufacturers or buying in online marketplaces.
"Consumers are having more say over which brands they want and at the same time able to bargain shop," Reith said.
IDC said Android's global dominance is likely to continue this year, with the Google-powered operating system in 84 per cent of smartphones sold in 2016, up from 81 per cent a year ago.
Apple is likely to see its first sales decline ever for the iPhone in 2016 -- a two per cent drop to 227 million units, IDC predicted.
IDC said the Windows Phone platform will see further declines as Microsoft shifts its focus. The report said Windows will account for just 0.8 per cent of the market this year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
