Worldwide Mobile Phone Forecast Update, 2024–2028: CY 3Q24

Worldwide Mobile Phone Forecast Update, 2024–2028: CY 3Q24


This IDC study presents the updated five-year forecast of the worldwide mobile phone market for 2024–2028."Following two years of decline, the worldwide mobile phone market is ready to rebound in 2024," said Ramon T. Llamas, research director with IDC's Mobile Phones team. "Ongoing challenges in the worldwide economy dampened demand in 2022 and 2023, but recovery is slowly making its way. Joining it is pent-up demand among those ready to upgrade from their current devices. The end result: an increase in 2024 and slow growth in the years that follow."


IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Worldwide Mobile Phone Forecast, 2023–2028

Worldwide Mobile Phone Forecast by Region

Worldwide Mobile Phone Forecast by Device Type

Feature Phones

Smartphones

Worldwide Mobile Phone Forecast by Air Interface and Air Interface Group

Worldwide Feature Phone Shipments by Air Interface and Air Interface Group

Worldwide Smartphone Shipments by Air Interface and Air Interface Group

GSM/CDMA

UMTS/WCDMA

4G

5G

Worldwide Mobile Phone Forecast by ASP

Market Context

Drivers and Inhibitors

Drivers

5G Handsets

Screen Sizes

Inhibitors

Replacement Cycles

Inflation

Significant Market Developments

Changes from Prior Forecast

Market Definition

Feature Phone

Smartphone

Methodology

Primary Data Sources

Secondary Sources

IDC's Worldwide Quarterly Mobile Phone Tracker

Related Research

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