
Extended Reality Pace Slowed by Economic Woes
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 ...
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Weak Phone Market Slows 5G Growth, But Future Remains Bright
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 ...
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Health Tracking Rallies Slowing Smartwatch Market
CCS Insight's latest smartwatch user survey confirms health tracking is the most attractive purchase reason, both for first-time buyers and those who are upgrading. Findings show smartwatch owners are extremely engaged with their devices; 96% use them regularly and demonstrate high usership of multiple features. Market challenges are delaying purchases for those who are upgrading ...
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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 team has focused on potential changes ahead for the digital world, for the digital society, and for the digital self. Focus areas include sustainability, personal ...
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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 cost of living suppresses demand.5G remains on an upward trajectory, but weak sales of mobile phones will result in lower uptake of the latest technology.Provided ...
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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 replacement purchases in 2022 and 2023 are set to be limited by stretched budgets.Market recovery is forecast for 2024 and beyond as economies improve and interest ...
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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 glasses launching in 2023 will kick-start the consumer augmented reality segment, and standalone virtual reality headsets will continue to sell well.Investment in immersive content and the ...
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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 models.Tightening budgets and a focus on sustainability will ensure strong growth over the next five years. London, 16 June 2022: New research from CCS Insight reveals ...
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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 are set to reach 1.2 billion by the end of 2022, nearly doubling from 2021. A third of worldwide network connections in 2026 are expected to ...
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CCS Insight Growth Continues with Expanded Team and New Products
Simon Bryant to lead new worldwide research programmes offering rich data to clients Partnership with Global mobile Suppliers Association strengthened First report on the circular economy for smartphones now available London, 5 May 2022. Technology research firm CCS Insight is continuing its growth trajectory with the unveiling of fresh research streams and a new senior ...
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