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Mobile Phone Market Size 2025-2029

The mobile phone market size is forecast to increase by USD 213.9 billion at a CAGR of 6.8% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of telecom services and the proliferation of mobile applications. Smartphones have become an integral part of daily life, with consumers using them for various purposes such as communication, entertainment, and productivity. The market is witnessing a surge in mobile phone sales from e-commerce platforms, making it more accessible to a wider audience. 
However, concerns regarding security and privacy with smartphone usage continue to pose challenges. In addition, the market is also witnessing trends such as the integration of mobile phones with data centers, mobile gaming consoles, and autonomous vehicles, providing new opportunities for market growth.

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The emergence of 5G devices and test sites signifies the next phase of network development, promising faster data transfer rates and improved connectivity. Chipmakers play a crucial role in powering the smartphone market, ensuring the production of high-performance components. Handset design continues to evolve, focusing on sleeker forms, larger displays, and longer battery life. The market's size is substantial, with millions of units sold annually, reflecting the ubiquity of smartphones in today's digital world.

How is this Mobile Phone Industry segmented?

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

Distribution Channel

  Offline
  Online


Type

  Smartphone
  Feature phone


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK


  North America

    Canada
    US


  Middle East and Africa



  South America

    Brazil

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. The offline distribution channel segment in the US market caters to consumers who prefer a tangible shopping experience. Approximately two-thirds of consumers prefer purchasing mobile phones from physical retail stores, primarily due to the aging population. Offline distribution channels include independent retailers, multi-brand stores, and exclusive brand outlets. Personal interaction and the ability to test and compare devices before purchasing are significant advantages of offline retail.

Telecom infrastructure development, including 5G technology, enhances the offline buying experience by enabling instant device demos and showcasing the latest AI-powered smartphones. The integration of IoT and e-commerce platforms in offline stores further broadens the shopping experience. Semiconductor shortages and increasing mobile phone production through initiatives like Production-linked Incentives (PLI) continue to fuel the demand for mobile handsets.

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The offline segment was valued at USD 372.00 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 54% 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.

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The market in APAC has experienced substantial growth, with major contributors being China, Japan, India, South Korea, and Indonesia. The expanding urban population and rising disposable income have fueled the demand for smartphones. Telecom infrastructure development and the introduction of budget-centric devices are key growth drivers. Established manufacturers have set up production facilities in China, Taiwan, South Korea, Japan, and India. The market is further propelled by technological advancements such as 5G technology, artificial intelligence, and IoT integration. Semiconductor components, e-commerce, and m-commerce are significant sectors driving market expansion. Consumers increasingly adopt smartphones for digital information access, trade activities, and entertainment.

Mid-range smartphones and 5G devices are popular choices, with chipmakers addressing the semiconductor shortage. Smartphone manufacturers prioritize handset design, Android operating system, and application developers for in-app purchases and IoT applications. 5G deployment and economic development are ongoing, with security architecture, eID, and retailers adapting to the digital society.

Market Dynamics

The smar

Forecast: Mobile Phones Market Size Value Per Capita in the UK 2023 - 2027 Discover more data with ReportLinker!

The number of smartphone users in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 2.8 million users (+4.92 percent). After the fifteenth consecutive increasing year, the smartphone user base is estimated to reach 59.72 million users and therefore a new peak in 2029. Notably, the number of smartphone users of was continuously increasing over the past years.Smartphone users here are limited to internet users of any age using a smartphone. The shown figures have been derived from survey data that has been processed to estimate missing demographics.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).

Forecast: Mobile Phones Market Size Volume in the UK 2023 - 2027 Discover more data with ReportLinker!

Mobile Phones Market Size Volume in the UK, 2022 Discover more data with ReportLinker!

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.

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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.

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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.

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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

In May 2023, 905 million gigabytes of data were uploaded and downloaded via mobile networks in the United Kingdom. This was around a 25 percent increase on May 2022, with increased data use driven by shifting consumer habits and the adoption of artificial intelligence.

This statistic shows the market share of smartphone manufacturers in the households in the United Kingdom (UK) in 2019. In 2019, 43 percent of the respondents had an Apple iPhone.The smartphone market has been dominated by Apple and Samsung for quite some time, and the trend points toward it staying this way. There are new models coming out quite frequently, and consumers are keeping up with purchases and often purchasing new smartphones in order to keep their device current.Smartphone users of all ages are catching on to the trend, and even the older generations have been increasing their presence in terms of owning smartphones. Although, when the usage of smartphone is considered the younger generations definitely trump the older. Even aspects such as nocturnal smartphone usage is something that younger generations find hard to escape from. Of course with an increase in smartphone usage the amount of data used goes up too. Vodafone customers, for example, have been increasing their data usage for quite some time.

This quarterly dataset for the UK fixed-line and mobile telecommunication markets contains data for aggregated call revenues, mobile phone and landline connections, call volumes, message volumes and subscriber numbers. The tables are published quarterly on the Ofcom website in pdf and csv formats.

Mobile Phones Market Size Volume Per Capita in the UK, 2022 Discover more data with ReportLinker!

In 2024, around 53 percent of mobile data connections in the United Kingdom used 4G (also known as LTE) technology. This is set to change over the coming years, with faster 5G mobile technology set to account for 93 percent of all connections by 2030.

Forager.ai's Global Telemarketing Data provides access to 89M mobile phone numbers with an industry-leading 95% accuracy rate. Our phone number database sees comprehensive refreshes every three weeks, ensuring the highest quality of data for all business needs.

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The number of smartphone users in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 2.8 million users (+4.92 percent). After the ninth consecutive increasing year, the smartphone user base is estimated to reach 59.72 million users and therefore a new peak in 2029. Notably, the number of smartphone users of was continuously increasing over the past years.Smartphone users here are limited to internet users of any age using a smartphone. The shown figures have been derived from survey data that has been processed to estimate missing demographics.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).

The United Kingdom Data Center Market is segmented by Hotspot (London), by Data Center Size (Large, Massive, Medium, Mega, Small), by Tier Type (Tier 1 and 2, Tier 3, Tier 4) and by Absorption (Non-Utilized, Utilized). Market Volume in Megawatt (MW) is presented. Key Data Points observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and number of data centers by tier.

The smartphone penetration rate in the United Kingdom has increased each year, reaching an overall figure of 94 percent in 2024. Those aged between 24 and 34 and 35 and 54 years recorded the highest smartphone penetration rate. Smartphones are mobile phones that contain an operating system with features of a personal computer. In the late 2000s smartphones started to become much more wide spread. The technological advances that have been made since then are impressive to say the least. New features are available with every new smartphone model that comes out, and the majority of smartphone owners report purchasing a new smartphone because their current device is out of date.Although smartphones have brought the power of information to the general population at their fingertips, they have also brought some negative effects with them. Accidents while driving have been on the rise, although the vast majority of motorists believe it is unacceptable to even take a short look at a phone while driving.

Virgin Islands (British) Internet Usage: Browser Market Share: Mobile: Whale Browser data was reported at 0.000 % in 15 Sep 2024. This stayed constant from the previous number of 0.000 % for 14 Sep 2024. Virgin Islands (British) Internet Usage: Browser Market Share: Mobile: Whale Browser data is updated daily, averaging 0.000 % from Nov 2023 (Median) to 15 Sep 2024, with 27 observations. The data reached an all-time high of 0.310 % in 11 Sep 2024 and a record low of 0.000 % in 15 Sep 2024. Virgin Islands (British) Internet Usage: Browser Market Share: Mobile: Whale Browser data remains active status in CEIC and is reported by Statcounter Global Stats. The data is categorized under Global Database’s Virgin Islands (British) – Table VG.SC.IU: Internet Usage: Browser Market Share.

ExactOne delivers unparalleled consumer transaction insights to help investors and corporate clients uncover market opportunities, analyze trends, and drive better decisions.

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Demographics – Statistical data on Japan population, households, businesses, nominal GDP, nominal GDP per Capita, consumer price inflation, exchange rates (local currency and US dollar) Mobile subscriptions and penetration by population Mobile handset sales by quarter Mobile handset revenue and average selling price Mobile handset sales volume by: type of customer, category, price band, air interface, vendor, operating system and feature Mobile smartphone handset sales by: venfor, operating system and by feature Read More

Snapshot img

Mobile Edge Computing Market Size 2024-2028

The mobile edge computing market size is forecast to increase by USD 3.55 billion at a CAGR of 46.12% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The rise in health applications and the need for real-time data processing are pushing the demand for edge computing in the healthcare sector. In the entertainment industry, computational offloading and edge-computing video caching are becoming essential for delivering high-quality streaming services. Strategic collaborations among market participants are also driving innovation in edge computing, particularly in areas like collaborative computing and connected cars. Additionally, the deployment of 5G technology is expected to increase the demand for mobile edge computing, despite its high cost. Smart venues and enterprises are also adopting edge computing for improved content delivery and enhanced operational efficiency. This market is poised for continued growth as these trends and drivers shape the future of mobile computing.

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Mobile edge computing (MEC) is an innovative technology that brings computing power closer to the source of data generation, primarily in cellular networks. This approach aims to address network congestion issues and improve the quality of experience (QoE) for various applications, including healthcare, autonomous vehicles, and augmented reality (AR)/virtual reality (VR). In the IT service environment, mobile edge computing plays a crucial role in the telecommunications networking landscape. By leveraging cellular base stations as mini-data centers, MEC technology enables real-time processing of data at the edge, reducing latency and improving overall network efficiency. Further, the integration of 5G technologies and IoT solutions into the telecom industry has significantly increased the demand for mobile edge computing capabilities. As 5G networks offer faster speeds and lower latency compared to 4G networks, MEC technology becomes essential to ensure optimal performance and QoE for applications such as connected automobile infrastructure and AR/VR experiences. Cellular MEC technology is particularly beneficial for industries that require real-time data processing, such as healthcare. By processing patient data at the edge, healthcare providers can make quicker, more informed decisions, ultimately improving patient outcomes and overall care.

Moreover, mobile edge computing is an essential component of the evolving connected automobile infrastructure. With the increasing adoption of autonomous vehicles, real-time data security processing and analysis are crucial for ensuring safety and efficiency. MEC technology enables this by processing data from various sensors and systems directly at the edge, reducing latency and improving overall system performance. In the context of telecommunications networking, mobile edge computing offers significant advantages in terms of network efficiency and QoE. By processing data at the edge, network congestion is reduced, and the overall performance of the radio access network is improved. This is especially important for applications that require low latency, such as AR/VR experiences, which can be particularly demanding on network resources. In conclusion, mobile edge computing represents a significant evolution in the IT service environment, particularly in the context of cellular networks and the telecom industry. By bringing computing power closer to the source of data generation, MEC technology addresses network congestion issues, improves QoE, and enables real-time processing for various applications, ultimately driving innovation and growth in the sector.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Component

  Hardware
  Software


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Component Insights

The hardware segment is estimated to witness significant growth during the forecast period. Mobile edge computing refers to the processing of data and applications on devices or servers located closer to the source of data, rather than relying on remote servers. This approach is gaining popularity in various industries, particularly in sectors that require real-time data processing and low latency, such as Health and Entertainment. The hardware components necessary for mobile edge computing include processors, servers, switches, routers, and end devices. The selection and size of these components depend on the specific use case

Snapshot img

Mobile Content Market Size 2024-2028

The mobile content market size is forecast to increase by USD 971.6 billion at a CAGR of 38.81% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing use of social media on mobile devices and the rising popularity of virtual reality videos. These trends are transforming the way consumers engage with content on their mobile devices. However, the market also faces challenges, including privacy and data security concerns. As consumers become more aware of the importance of protecting their personal information, mobile content providers must prioritize security measures to build trust and maintain user engagement. This market trends and analysis report delves into these factors and more, providing insights into the current state and future direction of the market.

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The market encompasses a diverse range of services and applications catering to the ever-growing base of mobile users worldwide. Mobile devices, including smartphones and tablets, have transformed the way we consume content, with social media platforms leading the charge. Advertising, both on the mobile web and through mobile applications, has become a significant revenue contributor, particularly for Small and Medium-sized Enterprises (SMEs) seeking to reach their audience through digital marketing channels. SMS marketing and location-based marketing are additional avenues for businesses to engage consumers. Telecom companies play a crucial role In the mobile content ecosystem, providing the underlying infrastructure for mobile communications.
Additionally, security and privacy concerns, driven by the increasing use of mobile devices for sensitive transactions, have become a major focus. Virtual reality, short-form video, mobile gaming, and AI solutions are among the emerging trends shaping the mobile content landscape. The fragmentation of mobile devices and the need for data security continue to pose challenges for content providers and consumers alike. Internet users increasingly demand personalized, on-demand content, driving innovation in the market. The market's digitalization is expected to continue, with cloud-based solutions and advanced technologies like AI and VR poised to transform the way we create, consume, and monetize mobile content.

How is this Mobile Content Industry segmented and which is the largest segment?

The mobile content industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Gaming
  Video
  Music and image
  Others


Ownership

  SMEs
  Large enterprises


Geography

  North America

    US


  APAC

    China
    India
    Japan


  Europe

    UK


  South America



  Middle East and Africa

By Type Insights

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

The market encompasses various sectors, including mobile applications, mobile web, social media, advertising, and digital services. With the proliferation of smartphones and tablets among mobile users, the demand for mobile content has grown. Mobile applications, particularly in gaming, have witnessed significant growth due to the increasing number of internet users and easy access to high-speed networks. Virtual reality and augmented reality-based games have revolutionized the mobile gaming industry, driving innovation and user engagement. In-app purchases and subscriptions have emerged as popular revenue models, contributing significantly to the market's growth.

Additionally, SMEs and enterprises have adopted mobile content for productivity and enterprise mobility solutions. Security concerns, including data security and privacy, remain crucial factors influencing the market's growth. The market's digital ecosystem includes various players offering professional services, consulting services, and content distribution. The revenue model varies from pay-per-download to streaming services and in-app purchases. The market's growth is fueled by consumer preferences, digitalization, and the integration of AI solutions, cloud RAN, and machine learning technologies.

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The gaming segment was valued at USD 28.30 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 31% 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 mark