TECH SUPPLIER Sep 2022 - Market Forecast - Doc # US49670222
Worldwide Smartphone Forecast Update, 2022–2026: September 2022
This IDC study presents the updated five-year forecast for smartphone shipments worldwide by operating system. The worldwide smartphone market will reach 1.27 billion units shipped in 2022, down 6.5% from the 1.36 billion units shipped in 2021. From there, shipments will hit 1.46 billion units in 2026, the final year of our forecast period, resulting in a CAGR of 1.4%.
"The resilience of the market's upper echelon has been a testament to the success of iOS, which has not witnessed a full-year shipment decline since 2019," said Anthony Scarsella, research director with IDC's Worldwide Mobile Device Trackers. "Despite the overall market decline, iOS shipments will remain positive in 2022 with 0.5% growth. In addition, the operating system will display minimal growth throughout the forecast period with ASPs hovering well above $950. As for the world's most popular operating system, Android, 2022 will bring a near 8% decline but will rebound nicely in 2023 with 6.2% growth. Unfortunately, the low end of the market has not fared well in 2022, as shipments of Android-based devices under $200 declined 22.4% in the first quarter and 16.5% in the second quarter. On a positive note, devices above $1,000 have displayed 35.2% growth, thanks to premium flagships and the recent success of foldable devices in the market."
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