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

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.

IDC Market Forecast Figure
Executive Summary
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Market Forecast
Worldwide Mobile Phone Forecast, 2022–2027
Worldwide Mobile Phone Forecast by Region
Mobile Phone Forecast by Device Type
Feature Phones
Mobile Phone Forecast by Air Interface Group
Worldwide Mobile Phone Forecast by ASP
Market Context
Drivers and Inhibitors
5G Handsets
Screen Sizes
Significant Market Developments
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Changes from Prior Forecast
Market Definition
Feature Phone
Primary Data Sources
Secondary Sources
IDC's Worldwide Quarterly Mobile Phone Tracker
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