Smartphones Market Size, Share, and Trends 2024 to 2034

The global smartphones market size was USD 527.51 billion in 2023, estimated at USD 566.12 billion in 2024 and is anticipated to reach around USD 1138.76 billion by 2034, expanding at a CAGR of 7.2% from 2024 to 2034.

  • Last Updated : August 2024
  • Report Code : 4335
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smartphones Market 

5.1. COVID-19 Landscape: Smartphones Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smartphones Market, By Operating System

8.1. Smartphones Market Revenue and Volume, By Operating System, 2024-2034

8.1.1 Android

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. iOS

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Windows

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Others (Linux)

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Smartphones Market, By Distribution Channel

9.1. Smartphones Market Revenue and Volume, By Distribution Channel, 2024-2034

9.1.1. OEMs Stores

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Retailer

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. E-Commerce

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Smartphones Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.1.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.2.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.3.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.4.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.5.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, By Operating System (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, By Distribution Channel (2021-2034)

Chapter 11. Company Profiles

11.1. Samsung Electronics Co. Ltd

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Huawei Technologies Co. Ltd

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Apple Inc.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Xiaomi Corporation

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. BBK Electronics Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Lenovo Group Limited

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. HTC Corporation

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. HMD Global Oy

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Sony Corporation

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. ZTE Corporation

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global smartphones market size is expected to increase USD 1138.76 billion by 2034 from USD 527.51 billion in 2023.

The global smartphones market will register growth rate of 7.2% between 2024 and 2034.

The major players operating in the smartphones market are Samsung Electronics Co. Ltd, Huawei Technologies Co. Ltd, Apple Inc., Xiaomi Corporation, BBK Electronics Corporation, Lenovo Group Limited, HTC Corporation, HMD Global Oy, Sony Corporation, ZTE Corporation, Google LLC , and Others.

The driving factors of the smartphones market are the rising adoption of Smartphoness in the younger generation and increasing number of mobile applications.

Asia Pacific region will lead the global smartphones market during the forecast period 2024 to 2034.

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