Mobile Handset Forecast by Region (Long Term) Nov 2023

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Nov 29, 2023

Overview:

Annual smartphone shipments are forecast to decline 5.3% to 1.16 billion units in 2023, the lowest in a decade, as macroeconomic headwinds and consumer weakness continue to pressure the sector across the year. After destocking efforts complete with relatively healthier inventory level by year-end, however, the 2024 smartphone market is projected to grow. This report provides the mobile handset/smartphone shipment forecast by region, brand, and 5G/non-5G for 2023-2027.

Table of Contents:

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Category

Industry

Mobile and Telecom

Report Type

Report

Time period

Quarterly

Author

Liz Lee

Liz, an Associate Director at Counterpoint Research, has 14+ years of extensive experience in the tech industry. Previously, Liz worked for Samsung SDI focusing on IR (Investor Relations) along with insight-based analysis of emerging tech markets and corporate strategies. She holds an International MBA degree from Waseda Business School.