TECH SUPPLIER Sep 2021 - Market Forecast - Doc # US48224521

Worldwide Smartphone Forecast Update, 2021–2025: September 2021

By: Anthony ScarsellaResearch Director, Mobile Phones

Abstract

This IDC study presents the updated five-year forecast for smartphone shipments worldwide by operating system. The worldwide smartphone market will reach a total of 1.38 billion units shipped in 2021, up 7.4% from the 1.28 billion units shipped in 2020. From there, shipments will reach 1.55 billion units in 2025, the final year of our forecast period, resulting in a CAGR of 3.9%.

"Despite the ongoing issues surrounding the pandemic and the Delta variant, consumers are continuing to upgrade to more premium smartphones this year," said Anthony Scarsella, research manager, IDC's Worldwide Quarterly Mobile Phone Tracker. "Premium smartphones (priced at $1,000+) continued to grow in the second quarter as the segment displayed 116% growth from last year. Moreover, ASPs across the entire market climbed 9% as buyer preferences trend toward more costly 5G models than entry-level devices."


Coverage

Subscriptions Covered

Mobile Phones


Regions Covered

Worldwide


Topics Covered

Android, Feature phone, Smartphone, iOS


Content


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