Worldwide Smartphone Forecast Update, 2023–2027: September 2023

Worldwide Smartphone Forecast Update, 2023–2027: September 2023

This IDC study presents the updated five-year forecast for smartphone shipments worldwide by operating system. The worldwide smartphone market will reach 1.15 billion units shipped in 2023, down 4.7% from the 1.20 billion units shipped in 2022. From there, shipments will hit 1.31 billion units in 2027, the final year of our forecast period, resulting in a CAGR of 1.7%."The next two quarters will be crucial for the remainder of the year if the market wishes to prevent further decline in 2023," said Anthony Scarsella, research director, IDC's Worldwide Mobile Device Trackers. "Now more than ever, attractive trade-in deals and financing deals will become essential in driving flagship sales in the year's second half. Channel partners and vendors will need these plans to make upgrading more affordable when inflation and the economy work against most consumers."

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Foldables Set to Grow
More Affordable 5G Models
Market Forecast
Forecast by Operating System
Forecast Comparison: Smartphones Versus Feature Phones
Feature Phones
Forecast by Region
Smartphone ASP Forecast
Market Context
Drivers and Inhibitors
5G Handsets
Screen Sizes
Significant Market Developments
The Return of Removable Batteries
Changes from Prior Forecast
Market Definition
Feature Phone
Primary Data Sources
Secondary Sources
IDC's Worldwide Quarterly Mobile Phone Tracker
Related Research

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