Strategy Analytics has lowered handset and smartphone sales forecast numbers from 2022 onwards due to the lasting Ukraine-Russia war and unforeseen Covid disruption in China, as well as cloudy economy outlook. Global handset and smartphone sales are expected to decrease -14% YoY and -9% YoY respectively in 2022. Russia, Ukraine and Central Eastern Europe will take a hit badly and see a big fall by smartphone sales this year. Both handset and smartphone sales volumes will remain the downturn track in 2023. Smartphone segment expects to start rebounding from 2024 on. Asia Pacific will remain by far the world's largest region. The "Big Five" countries globally will be China, India, the United States, Brazil, and Indonesia by 2027.
Our extensive report forecasts global handset, smartphone, and feature phone sales for 88 countries worldwide for two decades from 2002 to 2027. Every major country worldwide is covered, including United States, China, India, Indonesia, Russia, Brazil, Mexico, Japan, South Korea, South Africa, Saudi Arabia, UK, Germany, France, Italy, Spain, Sweden, and many others. This report can be used by operators, software developers, content developers, handset vendors, component makers, car manufacturers and other stakeholders to determine or prioritize the size and growth rate of the huge global mobile phone market.