target audience: TECH SUPPLIER Publication date: Jun 2022 - Document type: Market Forecast - Doc Document number: # US49275322
Worldwide Mobile Phone Forecast Update, 2022–2026: June 2022
This IDC study presents the five-year forecast for mobile phone shipments worldwide by device type. The worldwide mobile phone market will reach 1,565.4 million units shipped in 2022, down 5.4% from the 1,655.5 million units shipped in 2021. From there, total mobile phone shipments will grow to 1,665.4 million units worldwide by 2026, resulting in a CAGR of 0.1% from 2021 to 2026.
"The impact of the China lockdowns has significantly altered our forecast as the region is set for an 11.5% smartphone decline for 2022," said Anthony Scarsella, research manager with IDC's Worldwide Quarterly Mobile Phone Tracker. "The current situation in China combined with a 22% decline in Central and Eastern Europe due to the Russia-Ukraine War has flipped our 1.6% previously forecast growth to a 3.5% decline for 2022. On a positive note, 5G units are expected to grow 25.5% in 2022 and will account for slightly over 53% of total smartphone shipments by the end of the year."