The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global smartphone market reached a volume of 1,355 Million Units in 2021.
We expect the global smartphone market to exhibit a CAGR of 3.70% during 2022-2027.
The rising internet penetration, coupled with the introduction of advanced product variants with
high-resolution sensors, enhanced battery life, and improved reliability, is currently driving the
global smartphone market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
Based on the operating system, the global smartphone market has been segmented into android,
iOS, and others. Among these, android represents the largest market share.
Based on the display technology, the global smartphone market can be bifurcated into LCD
technology and OLED technology. Currently, LCD technology accounts for the majority of the global
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.
Some of the major players in the global smartphone market include Apple Inc., HTC Corporation,
Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.), Lava International, Lenovo
Group Limited, Nokia Corporation, Realme Chongqing Mobile Telecommunications Corp. Ltd. (BBK
Electronics Corporation), Samsung Electronics Co. Ltd., Sony Corporation, TCL Technology, Xiaomi
Corporation, and ZTE Corporation.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at