Worldwide Mobile Phone Forecast Update, 2024–2028: CY 4Q24
This IDC study represents the updated five-year forecast of the worldwide mobile phone market for 2024–2028."The first three quarters of 2024 provide ample evidence that the worldwide mobile phone market is on track to rebound following two years of decline," said Ramon T. Llamas, research director, Mobile Devices and AR/VR at IDC. "A combination of lower ASPs and a proliferation of low-cost devices heading into emerging markets have acted as the driver thus far, and the recent flagship releases will put 2024 volumes over the top. Beyond that, we expect slow growth in the years to come."
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Worldwide Mobile Phone Forecast, 2023–2028
Worldwide Mobile Phone Forecast by Device Type
Feature Phones
Smartphones
Worldwide Mobile Phone Forecast by 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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