Home » Products Sourcing » Consumer Electronics » Global Mobile Phones

Global Mobile Phones


Download Report

Globaldata’s Global Mobile Phones market report gives key insights into the market data analysis, category segmentation, and market distribution among others.

The global mobile phone market has been sluggish over a historic period. Declining market sales in 2020 were in contrast to the annual growth rate of 6.0% in 2021. Moderate market growth is expected to resume Over the forecast period. The global mobile phone market is nearing saturation due to the widespread use of mobile phones. Smartphones around the world. There are about 8.1 billion mobile subscriptions and that’s over the world population (7.9 billion people). This slows market growth as it creates little value for New mobile subscribers.

Access our free report for more insights into the Five Force Analysis model, competitive landscape and company profiles of leading players in the industry.

The performance of the market is forecast to accelerate, with an anticipated CAGR of 3.7% for the five years 2021 – 2026, which is expected to drive the market to a value of $910.9 billion by the end of 2026. Comparatively, the Asia-Pacific and US markets will grow with CAGRs of 4.5% and 3.4% respectively, over the same period, to reach respective values of $394.3 billion and $232.7 billion in 2026.

View our free report for additional key findings discussed in the report:

  • Market volume: The global mobile phone market grew by 0.2% in 2021 to reach a volume of 674.9 Average MOU. The compound annual rate of change of the market in the period 2017–21 was -0.2%
  • Market value forecast: In 2026, the global mobile phones market is forecast to have a value of $879.4 billion, an increase of 23% since 2021. The compound annual growth rate of the market in the period 2021–26 is predicted to be 4.2%
  • Five Forces Analysis: The mobile phone market will be analyzed taking MNOs and minors as players. The key buyers will be taken as consumers and businesses, and mobile phone manufacturers, government organizations, and mobile infrastructure businesses as key suppliers

Source from Global Data

Disclaimer: The information set forth above is provided by Global Data independently of Alibaba.com. Alibaba.com makes no representation and warranties as to the quality and reliability of the seller and products.

Was this article helpful?

About The Author

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top