Cellphone market growth will slow this year, research firm Gartner forecast on Wednesday in a statement, with weakening economies hurting the demand.

Gartner said it saw growth in the overall cellphone sales volume slowing to 7 percent from 11 percent growth seen last year, while smartphone market growth would slow to 39 percent from 58 percent.

(Reporting By Tarmo Virki; Editing by Hans-Juergen Peters)