BlackBerry Market Share to Shrink to 0.3% by 2018, Forecast Predicts

Posted by Techvibes NewsBite

BlackBerry’s global shipments are projected to fall nearly 50% this year to fewer than 10 million smartphones.

According to a forecast from research firm IDC, BlackBerry’s worldwide market share will shrink to just 0.8 percent by the end of this year, further dwindling to only 0.3% by 2018. The company's market share was 2% in 2013. In 2009 its market share was 50%.

Recently BlackBerry's board of directors thinned out and leading investors reduced their stake in the Canadian smartphone maker.

Company:
BlackBerry
Website:
http://www.blackberry.com
Location:
Waterloo, Ontario, Canada

Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry solution in 1999. Since then, BlackBerry products and services have continued to change the way millions of people around the world stay connected. With the launch of BlackBerry 10, we have re-designed, re-engineered and re-invented BlackBerry. Not only did we introduce a... more


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Techvibes NewsBite

Techvibes NewsBite

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information.The Techvibes NewsBite feed curates interesting stories from around the web and delivers them to your virtual doorstep in bite-sized doses. more



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