Company news

New data from CCS Insight reveals that second-hand smartphones generated $13.3 billion in the first quarter of 2023, despite being held back by limited trade-in volumes. The market for used smartphones is outshining that for brand-new devices, with an impressive 14% growth year-on-year. Leading retailers and marketplaces such as Back Market, refurbed, eBay and Amazon ...

CCS Insight's new Spotlight report highlights the potential scale of the direct satellite-to-device market and its impact on consumers, device-makers and network operators. The integration of satellite communication capabilities in mass-market smartphones marks a significant leap forward in expanding connectivity to remote areas. Direct satellite-to-device mobile services offer a solution to connectivity gaps in remote ...

Extended reality will see a small boost in sales in 2023 thanks to new virtual reality device launches, even though the weak macroeconomic context will continue to weigh the segment down. Adoption will continue to grow, helped by the halo effect of some of the best-known consumer brands getting involved in this nascent device category. ...

New enterprise survey from CCS Insight shows that 58% of decision-makers are concerned about their company's sustainability strategy Less than a third of executives are confident that suppliers provide adequate metrics about their environmental efforts A myth-busting 60% of respondents believe that products and solutions redesigned to be more sustainable are cheaper and more effective ...

Worldwide shipments of mobile phones to decline a further 4% in 2023 following a weak 2022 Demand for second-hand phones continues to grow as consumers seek cost-effective options in a tough economy Growing demand for high-end devices will drive further adoption of 5G-enabled phones in 2023 despite difficulties in the wider market London, 23 March ...

Pressure on consumer wallets will continue to harm demand for smartwatches in 2023 Growth in the next 12 months will come from the Indian market, which bucks the trend with a boom in demand for affordable basic smartwatches The outlook for all smartwatch segments will improve from 2024, and basic smartwatches will create a further ...

The private mobile network market grew 62% year-on-year in 2022 despite the tough economic climate, accounting for $2.7 billion in infrastructure revenue. This will grow to over $10 billion by 2027 North America and Europe are the largest global markets, but Asia–Pacific is expected to catch up over the next few years — with India ...

People are reviewing their mobile and broadband packages as budgets tighten SIM-only plans become the most popular Foldable smartphones offer hope to the struggling mobile device market Online channels now vital for buying a mobile phone and engaging with an operator Appetite for pre-owned phones continues to grow London, 7 February 2023: Higher prices and ...

Another slow year is expected for the augmented and virtual reality devices market, with unit sales of just over 11 million projected in 2023. Sales are expected to improve from 2024 onward, and to grow to 67 million in 2026, supported by launches of consumer smart glasses from late 2023 onward. CCS Insight remains confident ...

Lower demand for new mobile phones means a slower transition of subscribers onto 5G networks. The poor macroeconomic outlook will delay some 5G network launches by operators. The outlook is still strong, with global 5G connections rising from 1.2 billion in 2022 to 4.2 billion in 2026. A sluggish mobile phone market in 2022 is ...