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
- 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
- Economy
- Inflation
- Significant Market Developments
- The Return of Removable Batteries
- Changes from Prior Forecast
- Market Definition
- Feature Phone
- Smartphone
- Methodology
- Primary Data Sources
- Secondary Sources
- IDC's Worldwide Quarterly Mobile Phone Tracker
- Related Research
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook