Market Outlook – Smartphone Shipment and ASP Forecast by OEM Region, August 2024 update
Overview:
The signs of growth in the global smartphone market, seen since late 2023, extended to Q2 2024, which became the third consecutive growth quarter with 8% YoY growth. The overall smartphone ASP is expected to increase by 3% YoY in 2024 and by 5% YoY in 2025, respectively. The uptrend will continue, backed by a better product mix toward higher-end smartphones on top of the 5G migration during the forecast period. This report provides the smartphone shipment and ASP forecast by region, brand, and 5G/non-5G for 2024-2028.
Table of Contents:
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Category
Industry
Smartphone
Report Type
Report
Time period
Quarterly
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Author
Team Counterpoint
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