Analysts at market-research company IDC project that the global smartphone market will show growth in 2020 following what's likely to be three straight years of declines. IDC is calling for a 2.2% drop in smartphone shipment volume in 2019 and a 1.6% rise in shipment volume in 2020. The analysts see the staggered arrival of 5G wireless connectivity as "a ray of hope" for the industry though they project that the 5G adoption ramp will be "more subtle than what we saw with 4G." They see Apple Inc. losing market share globally this year due to a lack of 5G phone offerings as well as maturity in the market but expect that iPhone volumes could improve next year since the company has an "edge over other vendors with a better understanding of 5G market conditions for a much more planned launch." Apple shares are up 0.9% in Monday trading. They've gained 36% so far this year, while the Dow Jones Industrial Average has risen 15%.
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