How big is the Smartphones Market?

The Smartphones Market size is expected to reach USD 1.51 billion in 2024 and grow at a CAGR of 4.10% to reach USD 1.85 billion by 2029. Read More

What is the current Smartphones Market size?

In 2024, the Smartphones Market size is expected to reach USD 1.51 billion. Read More

Who are the key players in Smartphones Market?

Samsung Electronics, Apple Inc., Huawei Technologies Co., Ltd., Xiaomi Corporation and Vivo Communication Technology Co. Ltd are the major companies operating in the Smartphones Market. Read More

Which is the fastest growing region in Smartphones Market?

Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smartphones Market?

In 2024, the Asia Pacific accounts for the largest market share in Smartphones Market. Read More

What years does this Smartphones Market cover, and what was the market size in 2023?

In 2023, the Smartphones Market size was estimated at USD 1.45 billion. The report covers the Smartphones Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smartphones Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What is the future of the Smartphone Market?

Increased consumer awareness regarding responsible mobile device usage, alongside the integration of artificial intelligence and augmented reality technologies, coupled with expanding over-the-top (OTT) platform subscriptions, are anticipated to drive the future expansion of the smartphone market. Read More

What are the key challenges for the Smartphone Industry?

Key challenges for the Smartphone Industry: a) Chip shortages b) Rising component costs, and c) Intense competition in the mid-range segment Read More

Smartphones Companies

This report lists the top Smartphones companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Smartphones industry.