Apple held the largest slice of the global smartphone market by shipments during the fourth quarter of 2024, followed by Samsung. Xiaomi has taken a tight grip on the third position, accounting for a market share of 13 percent in the fourth quarter of 2024. Samsung and Apple smartphone sales Smartphone vendors have been suffering from the events of the past couple of years, including the pandemic and the economic downturn. However, they all appear to be recovering, as shown by the recent increase in shipments. For instance, mostly based on the main line of Galaxy Series, Samsung's smartphone shipments totaled nearly 223.5 million units globally in 2024. Next to Samsung, Apple is a major manufacturer of smartphones worldwide, with the company shipping more than 228 million iPhones worldwide in 2024. Apple’s sales tend to be very cyclical, peaking in the fourth quarter each year, much like in the fourth quarter of 2023, when they took the first spot in terms of units shipped globally with around 80.5 units. Xiaomi in the lead While Apple and Samsung are typically the two major companies challenging for the top spot, Huawei had provided a strong challenge in recent years. Particularly, the Chinese company managed to climb the smartphone market ladder between 2011 and 2024, recording shipments of over 42 million smartphones in the fourth quarter of 2024. However, strong performances from rivals like Xiaomi and the effects of the U.S. trade ban have since seen Huawei fall outside the list of top five vendors by smartphone shipments.

As of the first quarter of 2024, Samsung was the leading smartphone vendor, holding 20 percent of the market. Apple followed closely occupying 17 percent of the global smartphone market. Other vendors had lower shares.

As of 2023, for the first time ever, Apple ranked as the market leader in the global smartphone market with a 20.1 percent share of all shipments. The tech giant retained the top title in 2024, with a share of nearly 19 percent of the global smartphone market. Samsung ranked second, holding 18 percent of the market share. Global smartphone market shareSamsung has seen its popularity steadily increase since it held just a 4.3 percent of the smartphone vendor market at the beginning of 2010. Samsung’s share of the overall mobile phone market, has fluctuated in recent times, dropping to under 20 percent in the most recent year. Apple became smartphone market leader based on shipments in 2023. Apple’s smartphone sales are relatively cyclical and peak in the fourth quarter each year. In the fourth quarter of 2024, 23 percent of all smartphones new smartphones sold were iPhones. The iPhone generated considerable revenue for Apple with sales of the device amounting to over 200 billion U.S. dollars in their 2024 financial year.

Android maintained its position as the leading mobile operating system worldwide in the first quarter of 2025 with a market share of about 71.88 percent. Android's closest rival, Apple's iOS, had a market share of approximately 27.65 percent during the same period. The leading mobile operating systems Both unveiled in 2007, Google’s Android and Apple’s iOS have evolved through incremental updates introducing new features and capabilities. The latest version of iOS, iOS 18, was released in September 2024, while the most recent Android iteration, Android 15, was made available in September 2023. A key difference between the two systems concerns hardware - iOS is only available on Apple devices, whereas Android ships with devices from a range of manufacturers such as Samsung, Google and OnePlus. In addition, Apple has had far greater success in bringing its users up to date. As of February 2024, 66 percent of iOS users had iOS 17 installed, while in the same month only 13 percent of Android users ran the latest version. The rise of the smartphone From around 2010, the touchscreen smartphone revolution had a major impact on sales of basic feature phones, as the sales of smartphones increased from 139 million units in 2008 to 1.39 billion units in 2023. In 2020, smartphone sales decreased to 1.38 billion units due to the coronavirus (COVID-19) pandemic. Apple, Samsung, and lately also Xiaomi, were the big winners in this shift towards smartphones, with BlackBerry and Nokia among those unable to capitalize.

Snapshot img

Smartphone Market Size 2025-2029

The smartphone market size is forecast to increase by USD 99.8 million, at a CAGR of 4.1% between 2024 and 2029.

The market is experiencing significant growth, driven by several key trends. One major factor is the increasing adoption of artificial intelligence (AI) in smartphones, enhancing user experience through features like voice recognition and facial recognition. Sensor fusion technology is another trend, enabling devices to collect and analyze data from various sensors for improved functionality and accuracy. However, ongoing trade wars are posing challenges to market growth, with tariffs and import taxes affecting smartphone sales, particularly in key markets. These trends and challenges are shaping the future of the smartphone industry.

What will be the Size of the Smartphone Market During the Forecast Period?

Request Free Sample

The market continues to evolve, driven by advancements in telecom infrastructure and the proliferation of affordable handsets. Mobile phone users increasingly seek devices capable of leveraging 5G network technologies, with chipmakers responding by producing 5G chips for integration into mobile handsets. Android and Windows Phone operating systems dominate the market, while third-party originators challenge the status quo. Improved hardware and software capabilities enable advanced digital functions such as web browsing, music, video, gaming, and camera capability. The integration of artificial intelligence enhances user experience. Governmental assistance and the transition from feature phones to smartphones further fuel market growth. Overall, the market remains dynamic, with a focus on affordable, high-performance devices that cater to the diverse needs of consumers.

How is this Smartphone Industry segmented and which is the largest segment?

The smartphone industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Technology

  Android
  IOS
  Others


Price Range

  Between USD 150-USD 800
  Greater than USD 800
  Less than USD150


Screen Size

  Greater than 6 inches
  Between 5-6 inches
  Less than 5 inches


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France


  North America

    Canada
    US


  Middle East and Africa



  South America

    Brazil

By Technology Insights

The android segment is estimated to witness significant growth during the forecast period.

The Android operating system, provided by Alphabet Inc. (Google), is a globally popular choice for smartphones. With over 2.5 million apps available In the Google Play Store, users have access to a vast selection of applications catering to their diverse needs. Notable features of the Android OS include smart reply for messaging apps, focus mode options, Wi-Fi sharing via QR codes, and Google Assistant. Google offers essential web services such as Google Search, Google Maps, and YouTube free of charge. The Android OS's extensive feature set has contributed to its increasing popularity among consumers worldwide.

In addition, high-speed data connectivity and integration with Internet of Things (IoT) applications further enhance its appeal. Application developers create software for various lifestyle, social media, mobile utility, and other categories, ensuring a rich and diverse app ecosystem. The Android OS is written primarily in Java and C++, with support for in-app purchases and in-app course subscriptions.

Get a glance at the Smartphone Industry report of share of various segments Request Free Sample

The android segment was valued at USD 203.60 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 48% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

The market in APAC has experienced substantial growth, with China, Japan, India, South Korea, and Indonesia being the primary contributors to revenue generation. The expansion of urban populations and the subsequent increase in disposable income have fueled the demand for smartphones In the region. Key drivers of this market growth include the advancement of telecom infrastructure and the emergence of affordable smartphone options. Major global smartphone manufacturers have established manufacturing facilities in China, Taiwan, South Korea, Japan, and India to cater to the increasing demand.

Additionally, digital information consumption, human-computer interaction advancements, and t

Smartphones Market size was valued at USD 527,215.06 Million in 2024 and is projected to reach USD 760,845.72 Million by 2032, growing at a CAGR of 5.38% from 2026 to 2032.

Global Smartphones Market Overview

The Smartphones Market is undergoing a transformative shift, with consumers increasingly gravitating toward foldable devices, which are redefining innovation, expanding the premium segment, and influencing design philosophy. Foldable Smartphoness offer a unique combination of portability and enhanced screen space, addressing consumer demands for multifunctionality. Major players like Samsung, Huawei, Motorola, and Oppo are investing heavily in this segment, leading to increased adoption as improvements in durability, pricing, and software optimization make these devices more viable.

In the fourth quarter of 2021, Apple held the greatest share of the smartphone market based on sales to end users. Apple's market share reached 21.9 percent during the quarter, ahead of the 18.2 percent held by Samsung, and the 11.8 percent held by Xiaomi.

Used Smartphones Market size was valued at USD 59.16 Billion in 2024 and is projected to reach USD 148.27 Billion by 2031, growing at a CAGR of 12.17% from 2024 to 2031.

Key Market Drivers
Cost-Effectiveness: Used cell phones are an appealing alternative for budget-conscious buyers, with costs much lower than new models. This affordability allows users to gain access to advanced features and functionalities that would otherwise be prohibitively expensive. This is especially appealing in developing economies and among budget-conscious groups like students.
Environmental Considerations: Growing awareness of the environmental impact of technological waste is driving a shift toward more sustainable consumption habits. Purchasing a used smartphone increases the lifespan of existing smartphones, decreasing electrical waste and the resource consumption associated with making new phones.
Quick Innovation Cycle: The smartphone industry innovates at a quick rate, resulting in frequent new model launches. However, many essential capabilities are still relevant after several years. The used market allows customers to purchase somewhat older models with features that still match their needs for a fraction of the original price.
Trade-ins and Online Marketplaces: The introduction of trade-in schemes offered by manufacturers and merchants allows customers to upgrade their devices while obtaining credit toward a new phone. This adds to a consistent supply of previously owned items entering the used market. Furthermore, the growth of online marketplaces dedicated to selling used smartphones creates a simple and secure platform for both consumers and sellers. These platforms frequently provide certifications or warranties, reinforcing consumers confidence in used market.

According to Cognitive Market Research, the global rugged smartphone market size is USD 16351.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2031.

North America held the major market of around 40% of the global revenue with a market size of USD 6540.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 4905.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 3760.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Latin America market of around 5% of the global revenue with a market size of USD 817.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 327.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
The online held the highest growth rate in rugged smartphone market in 2024.

Market Dynamics of Rugged Smartphone Market

Key Drivers of Rugged Smartphone Market

Growth in Construction, Mining, and Infrastructure Projects to Increase Sales

The growth in construction, mining, and infrastructure projects plays a pivotal role in driving the sales of rugged smartphones. These industries often operate in harsh environments where conventional smartphones may fail to perform reliably. Rugged smartphones offer durability, resistance to environmental factors such as dust, water, and shock, and enhanced battery life, making them indispensable tools for communication, data collection, and project management on job sites. As construction activities surge to meet urbanization demands and infrastructure projects expand globally, there is a heightened need for rugged devices that can withstand the rigors of these environments. Similarly, in the mining sector, where operations often occur in remote and challenging terrain, rugged smartphones facilitate efficient communication and data transfer, improving productivity and safety. Thus, the growth in these sectors directly correlates with increased sales of rugged smartphones tailored to meet their specific requirements.

Rising Participation in Outdoor Activities like Hiking, Camping, and Adventure Sports to Propel the Market Growth

The increasing participation in outdoor activities like hiking, camping, and adventure sports is a significant driver of market growth for rugged smartphones. Outdoor enthusiasts seek durable and reliable devices that can withstand the demands of their active lifestyles. Rugged smartphones offer features such as waterproofing, shock resistance, and long battery life, making them ideal companions for outdoor adventures. These devices provide essential communication, navigation, and emergency assistance capabilities in remote and challenging environments, enhancing safety and convenience for outdoor enthusiasts. As more individuals embrace outdoor recreation for leisure and wellness, the demand for rugged smartphones continues to rise. Furthermore, advancements in outdoor-focused features, such as GPS tracking, weather resistance, and outdoor-specific applications, further fuel market growth by catering to the specific needs of outdoor enthusiasts. Consequently, the expanding outdoor recreation market presents lucrative opportunities for rugged smartphone manufacturers.

Rising demand for rugged smartphones that can withstand harsh sanitization process in the healthcare sector to propel market growth. 

Restraint Factors of Rugged Smartphone Market

Limited Customization Options in Rugged Smartphones to Limit the Sales

Limited customization options in rugged smartphones can hinder sales by failing to cater to diverse user needs. Unlike mainstream smartphones with extensive accessory and customization choices, rugged devices often offer fewer options, restricting their appeal to niche markets. This limitation can deter consumers and businesses seeking tailored solutions for specific requirements or industries. Moreover, the lack of customization may hamper adoption among users accustomed to personalizing their devices for aesthetic or functional purposes. Additionally, industries with unique operational needs ...

Samsung held a 20 percent share of the global smartphone market in the first quarter of 2024. Apple followed closely behind, with an overall share of 17 percent.

The changing face of the smartphone market

The make-up of the smartphone market has changed significantly since 2009. Nokia used to lead the industry with almost 50 percent of the smartphone market share in 2007, and before the arrival of the iPhone, it was hard for consumers to imagine Nokia becoming a market outsider.

Huawei's rise and fall have had a significant impact on the face of the market. Huawei consistently challenged Apple and Samsung for position at the top of the market, even leading it in the second quarter of 2020. Huawei has not appeared in the top five since the second quarter of 2021, largely as a result of trade restrictions.

RIM’s Blackberry devices stand as an example of the effect large-display touchscreen devices had on the market. Blackberry devices sold on a number of strengths, including a well-designed physical QWERTY keyboard and secure enterprise integration. The Blackberry lost its unique value as touchscreen devices improved, leading to a significant decline in revenue. RIM eventually ceased development of the Blackberry in 2016.

According to Cognitive Market Research, the global SIM Free Smartphone market size is USD 781242.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.

North America SIM Free Smartphone Market held 40% of the global revenue with a market size of USD 312496.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe SIM Free Smartphone is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 4,386.36 million.
Asia Pacific SIM Free Smartphone Market held 23% of the global revenue with a market size of USD 179685.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America SIM Free Smartphone Market held 5% of the global revenue with a market size of USD 39062.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa held 2% of the global revenue with a market size of USD 14624.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
Consumers are finding SIM-free handsets more appealing and economical because to technological developments in the smartphone sector. For instance, performance has increased and costs have decreased as a result of the development of new chipsets and display technologies.
To promote the use of SIM-free cell phones, certain governments are putting out effort. For instance, the European Union has put in place laws that facilitate customers' ability to move between mobile service providers. 

Increasing Demand for Flexibility and Choice to Increase the Demand Globally

The increasing need for customization and choice in cell plans is changing customer tastes, with a discernible move favoring SIM-free devices. With the help of this trend, consumers may choose carriers and plans that best suit their requirements and tastes, freeing them from the limitations of traditional contracts. Customers can better manage their mobile experience by optimizing charges and services based on their usage patterns and preferences when they decouple the device from the service provider. This need for flexibility indicates a larger movement in customer expectations in the telecom sector toward transparent and customized alternatives, spurring competition and innovation among carriers to satisfy the changing demands of today's mobile-centric customers.

Growing Popularity of Online Retail to Propel Market Growth

The smartphone market has revolutionized due to the increasing popularity of online retail, especially regarding SIM-free smartphones. Customers may now purchase cell phones online with never-before-seen accessibility and simplicity. Online merchants offer a wider range of SIM-free cellphones than traditional brick-and-mortar stores, with competitive pricing and a diverse assortment. This change has made mobile technology more accessible to a wider range of people, giving them more freedom to choose the gadgets that suit their needs and finances. Furthermore, the smooth shopping experience provided by internet merchants has quickened the uptake of SIM-free cellphones, propelling market expansion in this area and changing the nature of the retail environment.

Market Restraints of the SIM Free Smartphone

Complexity of Choosing a Plan to Limit the Sales

For many customers thinking about making the transition, choosing a SIM-free plan that works is difficult. People may feel overpowered by the many choices, disparate cost models, and wide range of services available, making them reluctant to switch to a SIM-free phone. Some people may be discouraged from switching by the complexity of comparing plans and comprehending terms and conditions, choosing to remain with traditional contract-based solutions for simplicity. To help customers navigate the complexity of selecting a SIM-free plan, providers must simplify plan options, increase transparency, and give user-friendly tools. This will help consumers feel more confident and encourage more people to take advantage of this market segment.

Impact of COVID-19 on the SIM-Free Smartphone Market

The market for SIM-free smartphones has been greatly impacted by the COVID-19 pandemic, bringing with it both opportunities and challenges. The di...

The size and share of the market is categorized based on Application (Under 18 Years Old, 18-45 Years Old, 45-60 Years Old, Above 60 Years Old) and Product (Android, iOS, Windows, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

According to Cognitive Market Research, the global Mobile SoC market size will be USD 716.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 18.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 286.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 214.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 164.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 35.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 14.33 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031.
Android held the highest Mobile SoC market revenue share in 2024.

Market Dynamics of Mobile SoC Market

Key Drivers for Mobile SoC Market

Rising Demand for High-Performance Smartphones to Increase the Demand Globally

The rising demand for high-performance smartphones is one of the key drivers of the mobile SoC market. Customers expect smartphones, tablets, and wearables to have high-end processing power, graphics capabilities, and energy efficiency to support a wide range of applications, including productivity tools, multimedia streaming, gaming, and wearable technologies. Mobile gaming is growing in popularity, high-definition content is widely accessible, and AI-driven capabilities are being integrated into mobile devices. Several factors are driving this demand. This puts pressure on manufacturers of mobile SoCs to develop innovative solutions that will spur market expansion through enhanced performance, longer battery life, and smoother user experiences.

The Growing Adoption Of 5G Technology to Propel Market Growth

The rapid adoption of 5G technology is a key driver of the mobile SoC industry. As mobile networks transition to 5G, there is a growing need for SoCs that can support increased bandwidth, reduced latency, and data rates in order to utilize 5G-enabled apps and services fully. Manufacturers of mobile SoCs are developing 5G-optimized next-generation products. These products give 5G-enabled devices better network performance, quicker download speeds, and smoother streaming. They achieve this by supporting several bands, utilizing complex modem technologies, and having intelligent power management capabilities. The implementation of 5G networks around the globe is expected to hasten the adoption of 5G-capable smartphones and other connected devices, driving up demand for Mobile SoCs made to comply with 5G specifications and expanding the market.

Restraint Factor for the Mobile SoC Market

Complexity and Expense of Manufacturing Semiconductors to Limit the Sales

One of the main barriers to the expansion of the mobile SoC business is the cost and difficulty of making semiconductors. Advanced SoC development requires a high degree of expertise in the design, manufacture, and testing of semiconductors, as well as substantial investments in R&D, manufacturing, and facilities. Because SoC design and manufacturing procedures are complex, smaller businesses and new entrants encounter challenges that limit market competition and innovation. A novel SoC design's speed to market, production schedules, and product availability can all be impacted by semiconductor manufacturing, which is further impacted by supply chain interruptions, technological challenges, and high capital expenditures.

Impact of Covid-19 on the Mobile SoC Market

The Mobile SoC market was impacted by the COVID-19 pandemic in numerous ways. On the one hand, delays in production and shipping brought about by supply chain disruptions, facility closures, and logistical difficulties resulted in shortages and higher costs. However, as digital entertainment, online learning, and remote work became more common, the epidemic increased demand for mobile devices and high-performance SoCs...

As of March 2025, Huawei accounted for around five percent of the smartphone market in Hong Kong. Smartphone market in Hong Kong  Since the end of 2017, Apple has always kept its position as the leading smartphone market player in Hong Kong with a market share of over 50 percent. However, despite Apple’s steady domination in the smartphone market in Hong Kong, Huawei has almost doubled its market share from 4.57 percent to around eleven percent from 2018 to 2019. This growing popularity of Huawei globally can be traced back to the second quarter of 2018, when the global shipment volume of Huawei smartphones surpassed Apple for the first time. However, Huawei was unable to defend its global market position. Huawei Huawei, the leading Chinese smartphone manufacturer, generated a revenue of around 704 billion yuan in 2023, mainly from telecommunication services and equipment. In the beginning of 2012, Huawei’s market share was merely 3.3 percent, however this then surged to over 18 percent in the third quarter of 2019, translating to over 66 million units of smartphone shipments worldwide. However, the U.S. sanctions cut off the companies access to cutting-edge chip sets. Since then, Huawei has diverted its focus from smartphones to other business segments.

According to Cognitive Market Research, the global smartphone screen glass market size is USD 52142.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 20856.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15642.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11992.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 2607.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1042.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
The tempered glass held the highest smartphone screen glass market revenue share in 2024.

Market Dynamics of Smartphone screen glass Market

Key Drivers for Smartphone screen glass Market

Rising Smartphone Penetration to increase the demand globally

Rising smartphone penetration worldwide is a pivotal factor driving increased demand for smartphone screen glass. As more regions and demographics adopt smartphones as essential communication and computing devices, the need for durable screen protection becomes paramount. This trend is particularly pronounced in emerging markets where smartphone ownership is rapidly expanding, fueled by affordability and advancing mobile network infrastructure. Moreover, the proliferation of smartphones across various socioeconomic groups drives a corresponding surge in demand for screen glass that can safeguard these valuable devices from daily wear and accidental damage. Manufacturers are capitalizing on this trend by developing innovative screen protection solutions that cater to diverse consumer preferences and budget ranges. As smartphone penetration continues to rise globally, the market for smartphone screen glass is poised for sustained growth, supported by ongoing technological advancements and increasing consumer awareness of device protection.

Growing Awareness of Screen Protection to propel market growth

Growing awareness of the importance of screen protection is significantly boosting market growth for smartphone screen glass. Consumers are increasingly recognizing the vulnerability of smartphone displays to scratches, cracks, and impacts, which can compromise device functionality and aesthetics. This heightened awareness is prompting more users to invest in reliable screen protectors made from materials like tempered glass or specialized polymers. Moreover, manufacturers and retailers are actively educating consumers about the benefits of using screen protection, such as preserving screen clarity, enhancing touch sensitivity, and prolonging device lifespan. This educational effort is crucial in driving adoption, particularly among tech-savvy and value-conscious consumers who prioritize device durability. As awareness continues to spread through digital and retail channels, the market for smartphone screen glass is expected to expand further, supported by a growing consumer base that values both the aesthetics and longevity of their mobile devices.

Restraint Factor for the Smartphone screen glass Market

Expansion of E-commerce Platforms to Limit the Sales

The expansion of e-commerce platforms has been instrumental in expanding the accessibility and convenience of purchasing smartphone screen glass, thus mitigating traditional sales limitations. Online channels offer a vast array of screen protection options at competitive prices, catering to a global audience with diverse preferences and needs. Consumers benefit from the convenience of browsing and comparing products, reading reviews, and making informed purchase decisions without the constraints of physical store hours or location. Furthermore, e-commerce facilitates direct-to-consumer sales models and allows manufacturers to reach niche markets more effectively. Despite these advantages, challenges such as counterfeit products and logis...

The refurbished smartphone market size expects a considerable valuation bump, from US$ 80,415.90 million in 2024 to US$ 258,824.2 million by 2034. The updated report points to a CAGR of 12.40% CAGR from 2024 to 2034. That is a slight rise from the earlier CAGR of 11.90% observed between 2019 and 2023.

Attributes	Details
Market Size, 2023	US$ 71,735.90 million
Market Size, 2024	US$ 80,415.90 million
Market Size, 2034	US$ 258,824.2 million
Value CAGR (2024 to 2034)	12.40%

Category-wise Insights

Segment	Refurbished Smartphone (Product Type)
Value Share (2024)	54.60%

Segment	Individual User (Application)
Value Share (2024)	59.40%

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
United States	7.30%
Germany	7.90%
Japan	17.70%
India	19.50%
Australia	9.10%

Smartphone ODM Market is growing at a good pace over the last few years and is expected to grow at a CAGR of 3.8% over the forecasted period i.e 2024 to 2031.

Global Smartphone ODM Market Drivers

Technological improvements: The need for new and improved smartphone models is driven by ongoing technological improvements in areas including chipset technology, camera capabilities, display technologies, and connectivity features. Manufacturers of smartphones need to keep up with these developments in order to stay competitive and satisfy the changing needs of smartphone brands.

Changing Customer Preferences: The features, design, and technical details of cellphones are greatly influenced by consumer trends and preferences. Buying decisions are greatly influenced by elements including battery life, camera quality, user experience, and design aesthetics. For their products to be relevant in the market and appealing to end users, smartphone OEMs need to match their offerings to these tastes.

Globalisation of Smartphone Brands: The demand for ODM services has surged as a result of the globalisation of smartphone brands. Both well-known brands and up-and-coming companies look for OEM partners so they may benefit from their experience in supply chain management, production, and design. The move towards globalisation increases smartphone OEMs’ market opportunities, spurring market expansion.

Cost-effectiveness: For OEMs and smartphone manufacturers alike, cost-effectiveness is a key motivator. ODMs provide brands with affordable solutions by utilising sourcing tactics, economies of scale, and effective manufacturing procedures. In the very competitive smartphone industry, brands must remain cost-competitive to be profitable, which forces them to outsource their production and design to ODMs.

creation of New Markets: Smartphone makers and original device manufacturers (ODMs) can benefit greatly from the creation of new markets, especially in developing nations. Demand in these areas is driven by expanding smartphone penetration, rising disposable incomes, and rising urbanisation. Manufacturers of smartphones frequently customise their products to fit the unique needs and budgets of these varied markets.

Supply Chain Flexibility and Resilience: The COVID-19 epidemic brought to light the significance of supply chain flexibility and resilience in the smartphone sector. Manufacturers which possess strong supply chain networks and flexible production skills are better equipped to handle disruptions and adjust to changing market demands. Smartphone manufacturers therefore place a high value on collaborations with OEMs who can provide flexible and resilient supply chains.

In 2023, Android held a nearly 80 percent share of the global smartphone OS market. Android's smartphone sales has been decreasing gradually since 2019, when it held a staggering 87 percent of the market, due to Apple's smartphones' increasing share.

Why is Google’s Android OS dominating the market? One reason for Android’s large market share is that it is an open-source platform, allowing mobile phone manufacturers to use and adapt the operating system for their own devices. Samsung, who run their own customized version of the Android operating system, currently have the largest share of global smartphone sales by vendor. In contrast, Apple’s iOS software is a closed-source platform, meaning they can control the user experience and make it available exclusively on their mobile devices, including the iPhone and iPad. This model has also proved profitable: Apple generated 69.7 billion U.S. dollars in revenue from iPhone sales alone in the first quarter of 2024.

Changing trends in mobile OS market Android and iOS are the leading mobile operating systems today, but back in 2009 the market was much different with Symbian and RIM (Research In Motion) holding close to 70 percent of the sales market share. Symbian operated on Nokia, Samsung, and Sony Ericsson devices, while RIM only functioned on BlackBerry smartphones. Both developers were slow to anticipate the changes within the mobile operating systems’ market and were ultimately left behind by the innovative approach of Apple and Google.

The size and share of the market is categorized based on Type (Suitable Age: 3 to 5 Years Old, Suitable Age: 5 to 8 Years Old) and Application (Online Sales, Offline Sales) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The size and share of the market is categorized based on Type (Inward Fold, Outward Fold) and Application (Online, Offline) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).