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PUBLISHER: IDC | PRODUCT CODE: 1452025

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PUBLISHER: IDC | PRODUCT CODE: 1452025

Worldwide Mobile Phone Forecast, 2024-2028

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PAGES: 22 Pages
DELIVERY TIME: 1-2 business days
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This IDC study presents the five-year forecast for mobile phone shipments worldwide by device type. The worldwide mobile phone market will reach 1,393.2 million units shipped in 2024, up 1% from the 1,380.1 million units shipped in 2023. From there, total mobile phone shipments will grow to 1,437.8 million units worldwide by 2028, resulting in a CAGR of 0.8% for 2023-2028."The market faced steep challenges in 2023 but remained resilient in the holiday quarter, as 2024 is forecast to bring near 3% growth to the smartphone market," said Anthony Scarsella, research director with IDC's Worldwide Quarterly Mobile Phone Tracker. "Although many of the same macroeconomic challenges will remain in 2024, replacement cycle refreshes and demand in many emerging markets will help drive the growth throughout the year. Moreover, the growth of 5G continues to push smartphone users to upgrade as entry-level 5G devices become more affordable for first-time buyers in many key markets. "

Product Code: US51909324

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

  • Incorporate AI
  • Remain Cognizant of Low-End Market Pricing

Market Forecast

  • Worldwide Mobile Phone Forecast
    • Worldwide Mobile Phone Forecast by Region
    • Mobile Phone Forecast by Device Type
      • Feature Phones
      • Smartphones
    • Mobile Phone Forecast by Air Interface Group
      • GSM/CDMA
      • UMTS/WCDMA
      • 4G
      • 5G
    • Worldwide Mobile Phone Forecast by ASP

Market Context

  • Drivers and Inhibitors
    • Drivers
      • 5G Handsets
      • Screen Sizes
    • Inhibitors
      • Refresh Rates
      • Inflation
  • Significant Market Developments
    • Apple Finally Tops the Market
  • Changes from Prior Forecast

Market Definition

  • Feature Phone
  • Smartphone

Methodology

  • Primary Data Sources
  • Secondary Sources
  • IDC's Worldwide Quarterly Mobile Phone Tracker

Related Research

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