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
- 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