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Worldwide Mobile Phone Forecast Update, 2023–2027: September 2023

Publisher IDC
Published Sep 28, 2023
Length 23 Pages
SKU # IDC18202376

Description

Worldwide Mobile Phone Forecast Update, 2023–2027: September 2023


This IDC study presents the five-year forecast for mobile phone shipments worldwide by device type. The worldwide mobile phone market will reach 1,353.1 million units shipped in 2023, down 5.8% from the 1,437.0 million units shipped in 2022. From there, total mobile phone shipments will grow to 1,452.0 million units worldwide by 2027, resulting in a CAGR of 0.2% from 2022 to 2027."The first half of 2023 will be one to forget as the mobile phone market dropped over 11.3%," said Anthony Scarsella, research manager with IDC's Worldwide Quarterly Mobile Phone Tracker. "The steep declines in the first and second quarter of 2023 are slightly worse than the 11.1% decline of 1H22. The back half of the year will hopefully calm the market as new foldables and flagships should attract many consumers looking to upgrade. Moreover, the projected 1% decline in 2H23 will resemble a victory compared to the 15.5% decline of 2H22."

Please Note: Extended description available upon request.

Table of Contents

23 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Diversify Your Supply Chain
Invest in On-Phone AI
Market Forecast
Worldwide Mobile Phone Forecast, 2022–2027
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
Economy
Inflation
Significant Market Developments
Qualcomm to Use Llama 2 Large Language Model on 2024 Handsets
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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