Mobile Handset Forecast by Region (Long Term) Dec 2021
Overview:
The global smartphone market in 2021 is expected to show 1,392 m units, a decrease of 1.6% compared to the September FCST. The decline in 2021 earnings is mainly due to the sluggish 3Q earnings in Europe and Southeast Asia markets due to the re-spreading of Covid19 strains. In addition, while the overall global parts shortage is likely to continue in the fourth quarter, we expect this shortage to be a limiting factor for the market growth.
The global smartphone market in 2022 is expected to be 1,492 m units, expected to show a decrease of about 1.2% compared to the FCST in September.
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