The global smartphone market recorded just 1% growth year-on-year in the first quarter of 2025, with persistent macroeconomic pressures continuing to weigh on consumer demand, according to analyst firm Canalys.
IDC has cut its forecast for global smartphone shipments in 2025 to just 0.6% growth (1.25 billion units) down from a previous projection of 2.3%, due to persistent economic uncertainty and volatility across many regions as key factors behind the revis…