-

Smartphone Market Global Forecast Report and Company Analysis 2025-2033 Featuring Nokia, Sony, Samsung, Huawei, LG, Panasonic, Lenovo, HTC, Apple, Blackberry - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Smartphone Market Global Report Forecast by Operating System Distribution channel, Country and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

Smartphone market is expected to reach US$ 932.61 billion by 2033 from US$ 540.94 billion in 2024, with a CAGR of 6.24 % from 2025 to 2033

Some of the key reasons driving the market are growing internet penetration, digitization, technological improvements, the widespread use of fifth-generation (5G) networks, and the growing demand for gaming and multimedia. Due to rising disposable income and a growing population, Asia Pacific now has the biggest market share.

Rapid technology breakthroughs, changing customer needs, and worldwide connection have made the smartphone industry a dynamic and fiercely competitive market. Leading companies like Apple, Samsung, and Xiaomi hold a dominant position, but up-and-coming brands - especially those from China - keep growing. There has been a change in the industry toward 5G, foldable screens, AI integration, and better camera capabilities. High performance, extended battery life, and smooth software ecosystems are becoming more and more important to consumers.

The market is confronted with issues like as saturation, pricing pressure, and sustainability concerns as cellphones become indispensable tools for communication, work, and leisure. Despite this, innovation keeps driving growth, and the industry's future is being shaped by trends like wearable technology and AI-powered gadgets.

Technological developments, consumer desire for connectivity, and the growing use of smartphones in developing nations are driving the market's expansion. With Newzoo projecting that 45% of the 5.3 billion devices in use by 2024 will be 5G-ready, up from the current 15%, 5G adoption is anticipated to pick up speed.

Samsung confirmed sales of more than 60 million smartphones in the first quarter of 2024, securing its leading position in the market. The company's emphasis on AI capabilities and cutting-edge display technology is demonstrated by its flagship models, which include the Galaxy S24 Ultra and foldable devices like the Galaxy Z Flip 6 and Z Fold 6. The popularity of these models demonstrates a tendency toward functionality and endurance, which are becoming more and more significant to customers.

Even with Samsung's hegemony, competition is still intense. For example, Xiaomi saw a 27.4% rise in shipments during the same time period, demonstrating how the competitive environment forces firms to constantly innovate. This competitiveness is essential for propelling market expansion and motivating participants to spend money on new technology and enhancements to the customer experience.

Key Attributes:

Report Attribute Details
No. of Pages 155
Forecast Period 2024 - 2033
Estimated Market Value (USD) in 2024 $540.94 Billion
Forecasted Market Value (USD) by 2033 $932.61 Billion
Compound Annual Growth Rate 6.2%
Regions Covered Global

Company Analysis: Overview, Recent Developments, Revenue Analysis

  • Nokia
  • Sony Corporation
  • Samsung
  • Huawei Device Co., Ltd.
  • LG Display
  • Panasonic Corporation
  • Lenovo
  • HTC Corporation
  • Apple Inc.
  • Blackberry

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics

4.1 Growth Drivers

4.2 Challenges

5. Global Smartphone Market

6. Market Share - Global Smartphone Market

6.1 By Operating System

6.2 By Distribution Channel

6.3 By Country

7. Operating System - Global Smartphone Market

7.1 iOS Smartphones

7.2 Android Smartphones

7.3 Others

8. Distribution Channel - Global Smartphone Market

8.1 OEM Stores

8.2 Retailers

8.3 E-Commerce

9. Country - Global Smartphone Market

9.1 North America

9.1.1 United States

9.1.2 Canada

9.2 Latin America

9.2.1 Mexico

9.2.2 Brazil

9.3 Europe

9.3.1 United Kingdom

9.3.2 Germany

9.3.3 France

9.3.4 Italy

9.3.5 Spain

9.3.6 Netherlands

9.4 Asia Pacific

9.4.1 China

9.4.2 Japan

9.4.3 India

9.4.4 South Korea

9.4.5 Australia

9.5 Middle East & Africa

9.5.1 United Arab Emirates

9.5.2 South Africa

9.6 Rest of the World

10. Porter's Five Forces - Global Smartphone Market

10.1 Bargaining Power of Buyer

10.2 Bargaining Power of Supplier

10.3 Threat of New Entrants

10.4 Rivalry among Existing Competitors

10.5 Threat of Substitute Products

11. SWOT Analysis - Global Smartphone Market

11.1 Strengths

11.2 Weaknesses

11.3 Opportunities

11.4 Threats

12. Company Analysis

For more information about this report visit https://www.researchandmarkets.com/r/mtt1ll

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Research and Markets


Release Versions

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

More News From Research and Markets

Nigeria Existing & Upcoming Colocation Data Center Portfolio Analysis Report 2025 Featuring 15 Major Operators/Investors - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Nigeria Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering. This Nigeria data center market portfolio analysis will provide information on the colocation data centers. Lagos dominates the upcoming data center market in Nigeria, with almost 70% of the total power capacity. Almost 180 MW of additional power capacity is expected to be added by the end of 2025. The existing data center capacity in Nigeria is almo...

Mexico Existing & Upcoming Colocation Data Center Portfolio Analysis Report 2025: Coverage of 39 Existing Data Centers, 18 Upcoming Data Centers, and 17 Major Operators/Investors - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Mexico Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering. This database report covers the Mexico data center market portfolio analysis, which will provide information on the colocation data centers. Upcoming data center capacity in Mexico is almost 600 MW on full build, which is more than 3x the current existing capacity in the Country. Majority of the upcoming rack capacity is concentrated in Queretaro and...

GCC Colocation Existing & Upcoming Data Center Portfolio Analysis Report 2025 with Coverage of 35 Major Operators/Investors - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "GCC Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering. This database (Excel) product covers the GCC data center market portfolio analysis, which will provide information on colocation data centers. Saudi Arabia dominates the upcoming data center market in GCC, with almost 75% of the total power capacity. Almost 500 MW of additional power capacity is expected to be added by the end of 2025. The existing data...
Back to Newsroom