The mobile phone market in the third quarter decreased by 1.8%

Analysts CCS Insight estimate that at the end of the third quarter of this year in the world was sold 481 million mobile phones, which is 1.8% less than a year ago.

The decline in sales is due to saturation in developed markets, as well as various problems in developing regions.

Smartphone sales still grew by 5.1% to 352 million units. Accordingly, the mobile phone sales for the year fell by 17%.

Samsung maintains lead in the smartphone market, with a share of 22%. The company recorded a 10 percent decline in sales, having 76 million devices. Apple smartphone sales fall for third consecutive quarter. Copertina for a quarter put on the market in 5 per cent fewer smartphones than a year earlier. In the current quarter, analysts expect a slight growth in annual terms due to the launch of new models.

Huawei, in contrast to the more well-known competitors, managed to increase sales by 23%, occupying about 10% of the market. The company doesn’t plan to take the second place in the next two years.

At the end of the current quarter, according to the source, the world will be sold around 412 million smartphones, which corresponds to growth of 6.7%. The mobile phone market by the end of 2016 will be reduced by 1.3%.

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