TECH SUPPLIER Jun 2021 - Market Forecast - Doc # US47950421

Worldwide Mobile Phone Forecast Update, 2021–2025

By: Anthony ScarsellaResearch Director, Mobile Phones, William Stofega

Abstract

This IDC study presents the five-year forecast for mobile phone shipments worldwide by device type. The worldwide mobile phone market will reach a total of 1,680.8 million unit shipments in 2021, up 4.5% from the 1,607.8 million units shipped in 2020. From there, total mobile phone shipments will grow to 1,731.1 million units worldwide by 2025, resulting in a CAGR of 1.5% for 2020–2025.

"5G shipments continue to be a main driver of the market growth in early 2021 as many developed markets look to upgrade to 5G handsets," said Anthony Scarsella, research manager with IDC's Worldwide Quarterly Mobile Phone Tracker. "With 5G shipments expected to grow nearly 130% in 2021, almost all regions outside of China will see triple-digit growth by the end of this year. However, in terms of market share, China will lead the way with nearly 50% share of 5G shipments in 2021, while the United States will follow with a 16% share. Other significant markets such as Western Europe and Asia/Pacific (excluding China and Japan) will combine for a 23.1% share of the worldwide 5G market by the end of 2021."


Coverage

Subscriptions Covered

Mobile Phones


Regions Covered

Worldwide


Topics Covered

Air interface, Feature phone, Real-time operating system, Smartphone, iOS


Content


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