Global Smartphone Market 2025-2029

Smartphone Market 2025-2029

The smartphone market is forecasted to grow by $ 99.8 mn during 2024-2029, accelerating at a CAGR of 4.1% % during the forecast period. The report on the smartphone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of ai in smartphones, increasing adoption of premium smartphones in emerging countries, and adoption of bezel-less screens.

Technavio's smartphone market is segmented as below:

By Technology

• Android
• IOS
• Others

By Price Range

• Between USD150-USD 800
• Greater than USD 800
• Less than USD150

By Screen Size

• Greater than 6 inches
• Between 5-6 inches
• Less than 5 inches

By Geographical Landscape

• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the emergence of sensor fusion technology as one of the prime reasons driving the smartphone market growth during the next few years. Also, introduction of 5g technology and increasing online purchases of smartphones will lead to sizable demand in the market.

The report on the smartphone market covers the following areas:

• Smartphone Market sizing
• Smartphone Market forecast
• Smartphone Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smartphone market vendors that include Acer Inc., Apple Inc., ASUSTeK Computer Inc., Google LLC, Guangdong OPPO Mobile Telecommunications Corp. Ltd., Honor Device Co. Ltd., HTC Corp., Huawei Technologies Co. Ltd., Kyocera Corp., Lava International Ltd., Lenovo Group Ltd., LG Corp., Micromax Informatics Ltd., Nokia Corp., Samsung Electronics Co. Ltd., Shenzhen Transsion Holdings Co. Ltd, Sony Group Corp., TCL Industries Holdings Co. Ltd., Xiaomi Inc., and ZTE Corp.. Also, the smartphone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more