The global smartphone market is expected to shrink further in 2019 due to weaker demand and other unfavorable factors. Global smartphone production is expected to be down 3.3 percent from the previous year, according to the report from TrendForce, a leading market intelligence provider.
Replacement demand is likely to slacken this year due to a lack of devices with landmark functions, while global smartphone output could drop as much as 5 percent.
Samsung is projected to keep leading the market with a 20 percent share this year, followed by Huawei with 16 percent and Apple with 13 percent, with Huawei likely to be the only company with positive growth.