International smartphone shipments are anticipated to develop inside a spread of 4-8% yearly from 2024-2028, representing a compounded annual progress fee (CAGR) of 6%.
Summary
International smartphone shipments will possible decline 6.6% year-on-year to 1.084 billion items in 2023, primarily based on DIGITIMES Analysis’s analyses of provide chain data, regional market circumstances, and geopolitical tendencies.
Excessive inflation and appreciation of the US forex have led to a decline in buying energy within the US, Europe and rising markets. Moreover, the Chinese language market is lackluster as a result of unfavorable financial prospects and low shopper confidence. These components have led to a decline within the world smartphone market in 2023.
The worldwide top-9 manufacturers, as these of 2023, will possible be capable to ship over 30 million smartphones every in 2024. These manufacturers ranked so as are Samsung, Apple, Oppo, Xiaomi, Vivo, Transsion, Honor, Huawei, and Lenovo. The 9 manufacturers collectively will maintain a 92.8% market share globally.
Desk of contents
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Introduction
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Key components affecting world smartphone shipments
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International shipments
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Chart 1: International smartphone shipments, 2023-2028 (m items)
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Cargo breakdown
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China and non-China markets
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Chart 2: Cargo to China and non-China markets, 2022-2024 (m items)
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High-9 distributors
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Chart 3: High-9 smartphone distributors’ shipments, 2023-2024 (m items)
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Huawei, Apple, OVXH
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Chart 4: International cargo share of Huawei, Apple, OVXH, 2019-2024
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Chart 5: Cargo share of Huawei, Apple, OVXH in China, 2019-2024
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5G smartphone
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Chart 6: Shipments by 5G and non-5G smartphones, 2023-2028 (m items)
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Chart 7: China and non-China markets 5G smartphone shipments, 2022-2024 (m items)
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Foldable show smartphone
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Chart 8: Shipments by foldable show characteristic, 2023-2028 (m items)
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International manufacturing capability
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Huawei future prediction
Value: NT$39,000 (approx. US$1,300)
