Cost of Living Hits Mobile Buying Behaviour in the UK
London, 7 February 2023: Higher prices and increasing concerns about the cost of living are accelerating changes in how Britons buy mobile phones and airtime contracts. This was a leading…
Extended Reality Pace Slowed by Economic Woes
London, 14 December 2022: Macroeconomic weakness is leaving its stamp on consumer device markets, and virtual and augmented reality devices — often referred to together as extended reality — are…
Weak Phone Market Slows 5G Growth, But Future Remains Bright
A sluggish mobile phone market in 2022 is hitting the transition of telecom subscribers to 5G networks, but total 5G connections worldwide are still expected to grow 86% and reach…
Health Tracking Rallies Slowing Smartwatch Market
London, 29 November 2022: After the boom years the smartwatch market experienced in the Covid-19 pandemic, CCS Insight’s most recent forecast has shown it’s now entering a period of significant…
CCS Insight’s Predictions for 2023 and Beyond Revealed
London, 18 October 2022: CCS Insight has produced its latest set of 100 predictions that share its expectations for the technology landscape in 2023 and beyond. This year the research…
Mobile Phone Demand Set to Face Further Challenges in 2023
Worldwide shipments of mobile phones are set to decline by 2% in 2023, from an already weak year in 2022, in which they will drop by 10% as the rising…
Wearables Demand Falls Worldwide as Cost of Living Bites
The weak economic outlook and rising cost of living are hitting demand for smartwatches and fitness bands, with global shipments forecast to fall by 7% in 2022. New adoption and…
Economic Uncertainties Dampen Outlook for Virtual and Augmented Devices, But Long-Term Potential Remains Strong
CCS Insight forecasts that 14 million virtual and augmented reality devices will be sold in 2022, growing more than sixfold to 88 million in 2026. A raft of new smart…
Circular Economy for Used Smartphones Worth $13.3 Billion in 2021
Sales of second-hand smartphones generated over $13 billion of revenue for organized commercial resellers in 2021. The average resale price of a pre-owned iPhone was higher than that of brand-new…
5G Connections to Exceed 1 Billion in 2022, Despite Economic Turbulence
Momentum for 5G remains robust as post-pandemic network launches are set to spur connection growth in 2022. However, progress is being slowed by the macroeconomic climate. Connections to 5G networks…