This IDC study presents the five-year forecast for mobile phone shipments worldwide by device vendors. The worldwide mobile phone market will reach a total of 1,977 million unit shipments in 2016, up a slim 0.3% from the 1,970.2 million units shipped in 2015. From there, total mobile phone shipments will reach 2,146.5 million units worldwide, resulting in a CAGR of 1.7% for 2015–2020.
"With shipments set to remain somewhat flat in 2016, we still expect that the worldwide mobile phone market will witness positive growth throughout the forecast period heading into 2020," says Anthony Scarsella, research manager for IDC's Mobile Phones team. "Shipments of affordable smartphones will continue to be the primary driver of growth in many markets as feature phone volumes continue to dwindle. Look for devices that are not only low in price but also, more importantly, high in value and rich in features."