Home Secretary’s statement on the Manchester attac... » I know that some people will only just be waking up to the news of the horrific attacks in Mancheste... Checkpoint Systems unveils Bug Tag 2 loss preventi... » Checkpoint Systems has announced the launch of Bug Tag 2 – an innovative loss prevention solution th... Edesix launches new head and torso mounted body wo... » Edesix has announced the launch of new head and torso mounted cameras. The X-100 is a side-mounta... Banknote Watch offers essential advice as old £5 i... » As of Friday 5th May 2017, the paper £5 note was officially withdrawn from circulation and no lo... Neustar International Security Council launched ... » LONDON, UK: Neustar, Inc. has announced the launch of the Neustar International Security Council (NI... RiskIQ Digital Threat Management Platform Recognis... » LONDON, UK: RiskIQ has been recognised in an Ovum Research “On the Radar” report for providing orga... ExtraHop introduces new professional services fo... » UK: Today at Interop ITX has announced new professional services for cloud migration, datacenter mig... MIKE SMITH BECOMES NEW ECA PRESIDENT » A highly respected electrical engineer and businessperson – Mike Smith of SES Engineering Services –... Patriot One obtains purchase agreement with rese... » TORONTO:  Patriot One Technologies Inc. has announced a reseller agreement with Information Technolo... TDSi and LITESTAR announce new partnership in Si... » Poole: TDSi has announced a new partnership with Singapore-based installation specialist LITESTAR Te...

CLICK HERE TO

Advertise with Vigilance

SOCIAL BOOKMARK

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

A new report from the European Union Intellectual Property Office (EUIPO), in collaboration with the International Telecommunication Union (ITU), estimates that 184 million fewer smartphones were sold by the legitimate industry in 2015, due to the presence of counterfeit devices in the marketplace.

The report estimates that in 2015, 12.9 % of legitimate sales of smartphones were lost worldwide due to the presence of counterfeits in the market – equivalent to EUR 45.3 billion.

The report analysed the number of smartphones sold in 90 countries in every region in the world, based on point-of-sale tracking of consumer purchases.

In 2015, 1.3 billion smartphones were sold worldwide, meaning that approximately one out of every six people on the planet purchased a smartphone that year, at an average cost of EUR 275.

In the European Union, 150 million devices were sold in 2015, one for every three EU citizens. The effect of counterfeiting in the EU-28 is estimated at 14 million units in 2015, corresponding to 8.3 % of the sector’s sales, or EUR 4.2 billion.

Based on the data available, for other regions, 21.3% of sales were lost due to counterfeiting in Africa, 19.6% in Latin America, 17.4% in the Arab countries, 15.6% in China, 11.8% in the Asia-Pacific region and 7.6% in North America in 2015. China accounts for one third of the total global revenue loss in the smartphone sector.

EUIPO Executive Director António Campinos said: At the EUIPO, through our reporting and analysis, we are building a picture of how counterfeiting and piracy affect key economic sectors. This is our first report in this series which analyses a sector both inside and outside the EU. Its estimate that 12.9% of legitimate sales of smartphones were lost globally in 2015 can act as a powerful message for policymakers, and all who work to combat counterfeiting worldwide.

ITU’s Telecommunication Development Bureau’s Director Brahima Sanou said: Counterfeiting affects economic growth as well as consumers’ health. I am pleased to see that our collaboration with EUIPO helps to raise awareness about the social and economic consequences of counterfeited smartphones. It is our responsibility to take steps to protect consumers.

Today´s report is the eleventh in a series of studies released by the EUIPO via the European Observatory on Infringements of Intellectual Property Rights into the economic impact of counterfeiting in industrial sectors in the EU. This report is the first study in the series with a worldwide scope. The series previously looked at: the pesticides sector, the pharmaceutical sector, the spirits and wine sector, the recorded music sector, the handbags and luggage sector, the watches and jewellery sector, the toys and games sector; the sports goods sector; the clothes, shoes and accessories sector; and the cosmetics and personal care items sector.

United Kingdom

In the UK, lost sales due to counterfeiting are estimated at EUR 660 million in 2015, with an estimated 5.7 % of revenue lost for the legitimate industry.

Italy

In Italy, lost smartphone sales due to counterfeiting are estimated at EUR 885 million in 2015, with an estimated 15.4 % of revenue lost for the legitimate industry.

Germany

In Germany, lost sales due to counterfeiting are estimated at EUR 564 million in 2015. Germany’s estimated lost revenue for the legitimate industry is one of the lowest in the EU at 5.7 %.

France

In France, lost sales due to counterfeiting are estimated at EUR 380 million in 2015, with an estimated 8 % of revenue lost for the legitimate industry.

Spain

In Spain, lost sales due to counterfeiting are estimated to be EUR 386 million in 2015, with an estimated lost revenue of 10 %.