TechInsights has bumped up smartphone forecast numbers in 2023, considering the reopening of China, the slowing interest rate increase by the Fed, and the better-than-expected economy outlook in Europe. However, the mixed outlook in Africa & Middle East region has also been taken into consideration. Global smartphone shipment is expected to fall -1% YoY in 2023, followed by a rebound of +3% YoY in 2024. Handset worldwide shipment will decline -4% YoY in 2023 and rebound at +2% YoY in 2024. Samsung and Apple will continue leading the market with gained market share. Leading Chinese vendors will continue to face strong headwinds in 2023, before turning into upwards track in 2024.

This report forecasts global smartphone shipments by region by quarter for 38 of the world's largest vendors from 2015 to 2024. Global handset and feature phone shipment by vendor by quarter forecast data are included in the report too. The report is a valuable tool for component makers, software developers, operators and other stakeholders to support their planning activities.