真乄科技業的頂尖投資團隊

Figure 1

Figure 2

Later this month, IC Insights will release its new 2016 IC Market Drivers Report.  The report contains analyses on automotive electronics, the Internet of Things, tablet PCs, smartphones, medical and health systems, and several other mature and emerging electronic systems.

Figure 1 shows how important the replacement and multi-phone subscriber market has become to the cellphone industry.

As shown in Figure 1, 89% of the new cellphones sold worldwide in 2015 are forecast to be replacements or additional cellphones sold to existing subscribers.  Moreover, this percentage is forecast to rise to 91% in 2016 and to 94% in 2019, which means that only about 6% of 2019 handset sales are expected to be to new customers.  This very high replacement sales rate is similar to the situation that already exists in the U.S. automotive industry.

In the future, it will become increasingly critical for the cellphone supplier to convince the existing subscriber base that it needs, and is worth paying a premium for, the newest technology (usually a smartphone) or that it needs more than one cellular handset.  If in the future a large portion of existing cellular users become "satisfied" with their cellphones (as happened in 2002 and 2009), it would serve to lengthen the replacement period and have the potential to significantly decrease annual cellphone unit shipment growth rates.

The vast majority of existing cellphone subscribers upgrade their phones to some version of a smartphone. Smartphones accounted for over 50% of total quarterly cellphone shipments for the first time ever in 1Q13 and are forecast to reach 410 million units in 4Q15 and represent 80% of total cellphones shipped that quarter. On an annual basis, smartphones first surpassed the 50% penetration level in 2013 (54%) and are forecast to represent 95% of total cellphone shipments in 2019.

In contrast to smartphones, total cellphone handset shipments are forecast to decline by 1% in 2015 and grow by only 2% in 2016 (Figure 2).  As shown, non-smartphone cellphone sales dropped by 24% in 2014 and are expected to drop by another 30% this year.  Moreover, IC Insights forecasts that the 2016 non-smartphone cellphone unit shipment decline will be similar to 2015’s drop with a decline of 28%.

Samsung and Apple dominated the smartphone market in 2014 and are expected to do so again this year.  In total, these two companies shipped 504 million smartphones and held a combined 40% share of smartphone shipments last year.  However, although these two companies are forecast to ship 560 million smartphones in 2015, their combined smartphone unit marketshare is expected to drop one percentage point to 39%.

Samsung’s total cellphone unit shipments are forecast to drop by 1% in 2015.  Moreover, its 2015 smartphone shipments are expected to grow by only 5%, a weak showing in a market that is forecast to grow 13% this year. With a surge in orders for Apple’s new iPhone 6s, Apple’s smartphone shipments are expected to jump by 20% in 2015, much better than the total 13% growth rate for the worldwide smartphone market.  It appears that Samsung is losing smartphone marketshare to the up-and-coming Chinese producers like Huawei and Xiaomi while Apple continues to dominate the high-end smartphone segment.

In contrast to the forecasted double-digit declines in smartphone sales of Microsoft/Nokia and Sony this year, 2015 smartphone sales from most of the top China-based suppliers are expected to surge.  Combined, the seven top-12 smartphone suppliers that are based in China are forecast to ship 437 million smartphones this year, a 23% increase from the 355 million smartphones these seven companies shipped in 2014.  As a result, the top seven Chinese smartphone suppliers together are expected to hold a 31% share of the worldwide smartphone market in 2015, up three points from the 28% share these companies held in 2014 and nine points better than the 22% combined share these companies held in 2013.

NOTE: IC Insights is currently taking orders for the 2016 IC Market Drivers Report, which will be released later this month.  If you need to fully understand the driving forces behind IC market growth, you need to subscribe to the 2016 IC Market Drivers Report.

Report Details:  The 2016 IC Market Drivers Report

IC Market Drivers 2016—A Study of Emerging and Major End-Use Applications Fueling Demand for Integrated Circuits examines the largest, existing system opportunities for ICs and evaluates the potential for new applications that are expected to help fuel the market for ICs.

IC Market Drivers is divided into two parts.  Part 1 provides a detailed forecast of the IC industry by system type, by region, and by IC product type through 2019.  In Part 2, the IC Market Drivers Report examines and evaluates key existing and emerging end-use applications that will support and propel the IC industry through 2019.  Some of these applications include the Internet of Things, automotive electronics, smartphones, personal/mobile computing (including tablets), digital imaging, and a review of many applications to watch that may potentially provide significant opportunity for IC suppliers later this decade.  The 2016 IC Market Drivers Report is priced at $3,490 for an individual-user license and $6,590 for a multi-user corporate license.