Report cover image

Worldwide Smartphone Forecast Update, 2024–2028

Publisher IDC
Published Jun 14, 2024
Length 18 Pages
SKU # IDC18893956

Description

Worldwide Smartphone Forecast Update, 2024–2028


This IDC study presents the updated five-year forecast for smartphone shipments worldwide by operating system. The smartphone market will reach 1.21 billion units shipped in 2024, up 4.0% 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%."5G-powered devices continue to fuel the market as these devices will display a near 16% growth in 2024 as adoption continues to expand across all regions and markets," said Anthony Scarsella, research director with IDC's Worldwide Quarterly Mobile Phone Tracker. "The 15.9% growth in 2024 will be followed by another year of double-digit growth in 2025 (+13.2%) as 5G market share will climb to 74.4%, up from 67.2% in 2024. With 5G devices becoming less relevant in most developed markets, the growth of 5G in emerging markets will play a central role in driving shipments throughout the forecast period. With the overall smartphone demonstrating a CAGR of 2.3% from 2024 to 2028, 5G shipments will display an imposing 9.1% growth rate for the same period."

Please Note: Extended description available upon request.

Table of Contents

18 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Foldable Price Points Falling
Incorporate 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
Replacement Cycle
Inflation
Significant Market Developments
Google Brings New Theft Protection Features to Android
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
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us