IDC said in a report that part of the reason is because there’s little opportunity for vendors to introduce anything new.
Perhaps more importantly, Apple and Samsung are losing share in the market, after having dominated in the past, according to Jean Philippe Bouchard, and IDC research director.
He said that in the first quarter of this year, Apple and Samsung had a 45 percent share of the market but that dropped to 41 percent in the second quarter, following challenged from LG, Huawei and others.
The top five vendors saw their combined share falling to 54 percent in the second quarter, down from 58 percent in this year’s first quarter.
Despite losing share, Apple is still number one, followed by Samsung, Lenovo, LG and Huawei.
IDC said longer life cycles, larger smartphones has caused people to not bother buying new models.