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Worldwide Smartphone Forecast, 2024–2028

Publisher IDC
Published Mar 14, 2024
Length 15 Pages
SKU # IDC18629847

Description

Worldwide Smartphone Forecast, 2024–2028


This IDC study presents the updated five-year forecast for smartphone shipments worldwide by operating system. The smartphone market will reach 1.20 billion units shipped in 2024, up 2.8% from the 1.16 billion units shipped in 2023. From there, shipments will hit 1.30 billion units in 2028, the final year of our forecast period, resulting in a CAGR of 2.3%."The strong performance in the smartphone market in the fourth quarter has brought a renewed sense of optimism to our forecast and bodes well for 2024," said Anthony Scarsella, research director, IDC's Worldwide Mobile Device Trackers. "With two consecutive years of nearly 3.0% growth headed our way, the dependence on the smartphone as a necessary device remains prevalent across all regions and markets, both developed and emerging. Moreover, the arrival of new AI capabilities, new potential form factors and, more importantly, affordable 5G models will hopefully bring unit volumes past the pre-pandemic level of 2019 sooner than later."

Please Note: Extended description available upon request.

Table of Contents

15 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Evaluate the Cost of AI
Market Forecast
Forecast by Operating System
Android
iOS
Forecast Comparison: Smartphones Versus Feature Phones
Feature Phones
Smartphones
Forecast by Region
Smartphone ASP Forecast
Market Context
Drivers and Inhibitors
Drivers
5G Handsets
Screen Sizes
Inhibitors
Refresh Rates
Inflation
Significant Market Developments
Galaxy AI Arrives, New AI Features Hit 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

Pricing

Currency Rates
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