Worldwide Smartphone Market Forecast to Grow 6.2% in 2024, Fueled by Robust Growth for Android in Emerging Markets and China, According to IDC
NEEDHAM, Mass., November 26, 2024 – Worldwide smartphone shipments are forecast to grow 6.2% year-over-year in 2024 to 1.24 billion units, according to the latest International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This strong growth follows two years of steep declines and is fueled by pent-up demand for device upgrades. While 2024 marks a strong rebound, growth is expected to slow to low single digits from 2025 onward, with a 2.6% CAGR (2023-2028). Contributing fact...
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