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.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
  • Historic Market Size
    • Global Smartphone Market 2019 - 2023
      • Table Historic Market Size - Data Table on Global Smartphone Market 2019 - 2023 ($ million)
    • Technology segment analysis 2019 - 2023
    • Price Range segment analysis 2019 - 2023
    • Screen Size segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
  • Qualitative Analysis
    • Impact of AI on global smartphone market
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Technology
    • Market segments
      • Table Data Table on Technology - Market share 2024-2029 (%)
    • Comparison by Technology
      • Table Data Table on Comparison by Technology
    • Android - Market size and forecast 2024-2029
      • Table Data Table on Android - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Android - Year-over-year growth 2024-2029 (%)
    • IOS - Market size and forecast 2024-2029
      • Table Data Table on IOS - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on IOS - Year-over-year growth 2024-2029 (%)
    • Others - Market size and forecast 2024-2029
      • Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Others - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Technology
      • Table Data Table on Market opportunity by Technology ($ million)
  • Market Segmentation by Price Range
    • Market segments
      • Table Data Table on Price Range - Market share 2024-2029 (%)
    • Comparison by Price Range
      • Table Data Table on Comparison by Price Range
    • Between USD150-USD 800 - Market size and forecast 2024-2029
      • Table Data Table on Between USD150-USD 800 - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Between USD150-USD 800 - Year-over-year growth 2024-2029 (%)
    • Greater than USD 800 - Market size and forecast 2024-2029
      • Table Data Table on Greater than USD 800 - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Greater than USD 800 - Year-over-year growth 2024-2029 (%)
    • Less than USD150 - Market size and forecast 2024-2029
      • Table Data Table on Less than USD150 - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Less than USD150 - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Price Range
      • Table Data Table on Market opportunity by Price Range ($ million)
  • Market Segmentation by Screen Size
    • Market segments
      • Table Data Table on Screen Size - Market share 2024-2029 (%)
    • Comparison by Screen Size
      • Table Data Table on Comparison by Screen Size
    • Greater than 6 inches - Market size and forecast 2024-2029
      • Table Data Table on Greater than 6 inches - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Greater than 6 inches - Year-over-year growth 2024-2029 (%)
    • Between 5-6 inches - Market size and forecast 2024-2029
      • Table Data Table on Between 5-6 inches - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Between 5-6 inches - Year-over-year growth 2024-2029 (%)
    • Less than 5 inches - Market size and forecast 2024-2029
      • Table Data Table on Less than 5 inches - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Less than 5 inches - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Screen Size
      • Table Data Table on Market opportunity by Screen Size ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2024-2029
      • Table Data Table on APAC - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2024-2029 (%)
    • Europe - Market size and forecast 2024-2029
      • Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
    • North America - Market size and forecast 2024-2029
      • Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on North America - Year-over-year growth 2024-2029 (%)
    • Middle East and Africa - Market size and forecast 2024-2029
      • Table Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
    • South America - Market size and forecast 2024-2029
      • Table Data Table on South America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South America - Year-over-year growth 2024-2029 (%)
    • China - Market size and forecast 2024-2029
      • Table Data Table on China - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on China - Year-over-year growth 2024-2029 (%)
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • India - Market size and forecast 2024-2029
      • Table Data Table on India - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on India - Year-over-year growth 2024-2029 (%)
    • Germany - Market size and forecast 2024-2029
      • Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
    • Canada - Market size and forecast 2024-2029
      • Table Data Table on Canada - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
    • UK - Market size and forecast 2024-2029
      • Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on UK - Year-over-year growth 2024-2029 (%)
    • Japan - Market size and forecast 2024-2029
      • Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
    • South Korea - Market size and forecast 2024-2029
      • Table Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South Korea - Year-over-year growth 2024-2029 (%)
    • France - Market size and forecast 2024-2029
      • Table Data Table on France - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on France - Year-over-year growth 2024-2029 (%)
    • Brazil - Market size and forecast 2024-2029
      • Table Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Brazil - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Growing adoption of AI in smartphones
      • Increasing adoption of premium smartphones in emerging countries
      • Adoption of bezel-less screens
    • Market challenges
      • Ongoing trade wars affecting smartphone sales
      • Concerns associated with security and privacy
      • Increasing replacement cycle of smartphones
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Emergence of sensor fusion technology
      • Introduction of 5G technology
      • Increasing online purchases of smartphones
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Apple Inc.
    • ASUSTeK Computer Inc.
    • Google LLC
    • Guangdong OPPO Mobile Telecommunications Corp. Ltd.
    • Honor Device Co. Ltd.
    • HTC Corp.
    • Huawei Technologies Co. Ltd.
    • Lenovo Group Ltd.
    • LG Corp.
    • Micromax Informatics Ltd.
    • Nokia Corp.
    • Samsung Electronics Co. Ltd.
    • Sony Group Corp.
    • TCL Industries Holdings Co. Ltd.
    • Xiaomi Inc.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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