The history of tech is in many ways one of decreasing physical size combined with increasing compute power, system integration, connectivity, and affordability.
Smartphone innovation never stops. Discover the biggest trends in mobile devices in 2023 and what it all means for you.
Read nowAnother way of putting it: 50 years ago, computers were room-sized, sparsely interconnected via the nascent internet, cost hundreds of thousands of dollars, and were available only to the few; now they are powerful, highly connected handheld devices that cost hundreds of dollars, and more than six billion people have them.
But nothing stands still in the tech world: for example, the handheld paradigm might, in time, give way to wearable and even implantable devices, ushering in -- along with appropriate connectivity -- truly ambient computing. For now, though, let's look at some near-term trends in the mobile space.
First, the bad news, at least in the short term. The global smartphone market is currently experiencing a post-pandemic dip, with analyst firm Canalys reporting a 12% drop in shipments in 2022 to 1.19 billion units (the lowest since 2014), and an 18% drop to 296.9 million units in the fourth quarter. The top five vendors all saw significant year-on-year shipment declines in Q4 2022: Apple