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Smartphone Shipments Are Forecast to Decline in 2023 Thanks to Inflation

Despite a lower forecast for 2023, look for the market to rebound in 2024.

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A weaker economic outlook and ongoing inflation mean that global shipments of smartphones are expected to decline by 3.2% in 2023, according to a new forecast from International Data Corporation’s Worldwide Quarterly Mobile Phone Tracker. That prediction is even worse than the last — it’s been revised downward from the 1.1% decline that was forecast in February.

Smartphone shipments now are expected to total 1.17 billion units for the year.

It’s not all bad news, however. Despite the lower forecast for 2023, IDC reports that it expects a smartphone market recovery in 2024, with 6% year-over-year growth. But consumer demand is recovering much slower than expected in all regions, the report noted.

«If 2022 was a year of excess inventory, 2023 is a year of caution,» said Nabila Popal, research director with IDC’s Mobility and Consumer Device Trackers. «While everyone wants to have inventory ready to ride the wave of the inevitable recovery, no one wants to be stuck holding it too long. This also means the brands that take the risk — at the right time — can potentially reap great rewards of share gain.»

Read more: Best Phone to Buy for 2023

One particular type of phone is continuing to develop more choices: the futuristic-looking foldable phones.

«We continue to see more foldable designs in the market, which is a great technological step forward for the industry, but the timing is unfortunate,» said Ryan Reith, group vice president, Mobility and Consumer Device Trackers at IDC.

As CNET reported in our rating of the best foldable phones, the market for folding phones is dominated by Samsung’s Galaxy Z Fold 4 and Z Flip 4. But Google recently took the wraps off its first foldable, the Pixel Fold, Motorola has launched a refreshed version of its folding Razr flip phone and both Honor and Oppo offer folding models.

If you’re due to upgrade your phone this year, CNET also has lists of our picks for the best phones for 2023, best Android phone of 2023 and best phone under $500.

Technologies

Why Travelers Are Switching to Verum E-SIM This Summer

Why Travelers Are Switching to Verum E-SIM This Summer

Summer Travel, Freedom, and Seamless Connectivity: Why Verum E-SIM Is Becoming the New Standard for Travelers

Summer is the peak season for vacations, long-distance trips, and new experiences. Millions of people travel abroad, explore new countries, plan adventures, and try to stay connected with family, work, and social media. And in the middle of all this comes a familiar question: how do you stay online without expensive roaming or the hassle of buying local SIM cards?

The answer is already here — eSIM.

Why eSIM Is So Convenient

eSIM (embedded SIM) is a built-in digital SIM card that lets you activate mobile internet without a physical card. All you need is an app — choose a plan and connect in just a couple of minutes.

No more:

* searching for local SIM cards at airports
* paying expensive roaming fees
* swapping physical SIMs every time you travel

Now your internet travels with you.

Internet in 150+ Countries

Modern eSIM solutions provide coverage in 150+ countries worldwide, helping tourists, freelancers, and business travelers stay connected almost anywhere on the planet.

Among the services offering these capabilities:

Verum E-SIM — https://esim.verum.im
World E-SIM — https://worldesim.me
USA E-SIM — https://usa.esim.verum.im
Euro E-SIM — https://euro.esim.verum.im
Canada E-SIM — https://canada.esim.verum.im
Balkan E-SIM — https://balkan.esim.verum.im
Ukraine E-SIM — https://ukraine.esim.verum.im
London E-SIM — https://london.esim.verum.im
E-SIM Africa — https://africa.esim.verum.im

All of these services work on the same principle — fast, borderless internet without roaming stress.

Why It Matters Most in Summer

During the holiday season, roaming networks get overloaded, and prices for mobile data abroad often become an unpleasant surprise for travelers.

eSIM solves this problem:

* transparent, fixed pricing
* activation in 1–2 minutes
* stable internet while traveling
* no physical SIM cards required

Final Thoughts

Travel should be about freedom — not hunting for Wi-Fi or worrying about phone bills.

eSIM is quickly becoming the new global standard for mobile connectivity: simple, fast, and borderless.

Verum E-SIM and its partner services are part of this shift, making global connectivity accessible to everyone, everywhere.

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Technologies

Episode 2 of the VERUM Mini-Series is Now Out

Episode 2 of the VERUM Mini-Series is Now Out

The story continues. Verum Messenger has released the second episode of its AI mini-series, which follows the conflict between the powerful Omega corporation, aiming to control digital communications, and a team of heroes who have chosen a different path and free communication.

The mini-series not only develops an engaging storyline but also introduces viewers to the capabilities of the Verum ecosystem, showcasing technologies and tools that may redefine the future of modern communication.

The project consists of 7 episodes, released gradually across Verum Messenger’s social media channels.

Episode 2 is now available. Stay tuned and don’t miss what comes next.

Watch on YouTube 
Watch on Instagram 

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Technologies

Verum Messenger Launches an AI Mini-Series

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels. 

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

Watch on YouTube 
Watch on Instagram 

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