Worldwide Smartphone Forecast Update, 2018–2022
This IDC study presents the updated five-year forecast for smartphone shipments worldwide by device vendors. The worldwide smartphone market will reach a total of 1.46 billion units shipped in 2018, down 0.2% from the 1.46 billion units shipped in 2017. From there, shipments will reach 1.65 billion units in 2022, the final year of our forecast period, resulting in a CAGR of 2.5%."Although overall smartphone shipments will decline slightly in 2018, the average selling price (ASP) of a smartphone will reach $344.92, up 10.3% from the $312.81 ASP in 2017," said Anthony Scarsella, research manager with IDC's Worldwide Quarterly Mobile Phone Tracker. "This year will continue to focus on the ultra-high-end segment of the market as we expect a surge of premium flagship devices to launch in developed markets in 2018. Devices featuring large AMOLED bezel-less displays, advanced camera functions, and an overall increase in speed and performance will be the driving factor in the increase of ASPs. Moving forward, we can expect this trend to continue as the ASP for a smartphone will continue to grow throughout the forecast period. In 2022, the final year of our forecast period, the average selling price for a smartphone will be $361.51, resulting in a five-year CAGR of 2.9%."
Please Note: Extended description available upon request.
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