Key Highlights
- The global smartphone market reached approximately 1.39 billion units shipped in 2022
- As of 2023, Android holds about 71.99% of the global smartphone OS market share
- Apple’s iOS accounted for approximately 27.47% of the global smartphone OS market share in 2023
- The average selling price (ASP) of smartphones globally was around $385 in 2023
- 65% of smartphone users globally are expected to upgrade their device within 3 years as of 2023
- The most popular smartphone brand worldwide in 2023 is Samsung, with an estimated 22% market share
- Apple's iPhone 14 was the best-selling smartphone model in Q2 2023
- The global 5G smartphone shipments reached approximately 600 million units in 2023, representing a 35% increase from 2022
- China remains the largest smartphone market with over 1 billion users as of 2023
- The average lifespan of a smartphone is roughly 2.5 to 3 years
- Growth in foldable smartphone shipments reached approximately 5 million units globally in 2023, a 60% increase from 2022
- Android-powered smartphones constitute over 80% of the smartphone market in India
- Apple's iPhone 13 accounted for about 18% of all smartphones shipped globally in 2022
The smartphone industry is witnessing unprecedented growth and innovation, with over 1.39 billion units shipped in 2022, soaring 5G adoption, a booming market for foldable and premium devices, and a global user base projected to reach 7.5 billion by 2024.
Connectivity and Network Trends
- Wireless carriers in the US invested over $70 billion in 5G network infrastructure in 2023
- 60% of smartphone users worldwide prefer to use Wi-Fi over mobile data when possible
- As of 2023, approximately 90% of new smartphones shipped include 5G capability
- The global 4G LTE smartphone user base is expected to decline to 400 million by 2024 as 5G adoption surpasses it
Connectivity and Network Trends Interpretation
Device Features and Specifications
- The average screen size of smartphones in 2023 is approximately 6.4 inches
- The use of biometric authentication (fingerprint and facial recognition) on smartphones increased to 70% in 2023
- The average global smartphone battery capacity in 2023 is approximately 4,000 mAh
- The average smartphone camera resolution in 2023 is around 50 megapixels
- The majority of smartphone users in Europe and North America prefer single-lens cameras, with over 60% choosing smartphones with multiple lenses only for better zoom and photography features
- 77% of smartphone users in the United States own a device with at least 128GB of storage
- The percentage of smartphones with integrated NFC technology increased to 85% in 2023, primarily for contactless payments
- The presence of dual SIM slots in smartphones increased to 65% of models shipped worldwide in 2023, especially in Asian markets
Device Features and Specifications Interpretation
Market Share
- The most popular smartphone brand worldwide in 2023 is Samsung, with an estimated 22% market share
- Apple's iPhone 13 accounted for about 18% of all smartphones shipped globally in 2022
- The global market share for handset manufacturers in Q1 2023 was led by Samsung with 20%, followed by Apple with 17%
- About 25% of smartphones sold in 2023 are foldable, representing a significant growth compared to previous years
Market Share Interpretation
Market Share and Operating Systems
- As of 2023, Android holds about 71.99% of the global smartphone OS market share
- Apple’s iOS accounted for approximately 27.47% of the global smartphone OS market share in 2023
- China remains the largest smartphone market with over 1 billion users as of 2023
- Android-powered smartphones constitute over 80% of the smartphone market in India
- The total number of smartphone apps available in app stores exceeded 4 million globally in 2023
- Facebook remains the most downloaded social media app on smartphones in 2023
- In 2023, nearly 40% of smartphone shipments were in the budget segment under $300
- The global mobile advertising spend is expected to reach $290 billion in 2023, with smartphones accounting for over 70% of ad impressions
- The fastest growing smartphone operating system in 2023 was Android, with a growth rate of 3.2%
Market Share and Operating Systems Interpretation
Operating Systems
- Approximately 30% of smartphones globally run on outdated operating systems that no longer receive security updates, posing security risks
Operating Systems Interpretation
Sales and Revenue Metrics
- The global smartphone market reached approximately 1.39 billion units shipped in 2022
- The average selling price (ASP) of smartphones globally was around $385 in 2023
- Apple's iPhone 14 was the best-selling smartphone model in Q2 2023
- The global 5G smartphone shipments reached approximately 600 million units in 2023, representing a 35% increase from 2022
- Growth in foldable smartphone shipments reached approximately 5 million units globally in 2023, a 60% increase from 2022
- The global smartphone industry's revenue was approximately $522 billion in 2022
- The median price of a premium smartphone in 2023 is around $1,000
- The number of smartphone users worldwide is expected to reach 7.5 billion by 2024
- The global mobile gaming revenue was estimated at over $90 billion in 2023
- The global wearables market, including smartphones with health features, is expected to grow to over 400 million units shipped in 2024
- The majority of smartphone transactions worldwide are now conducted via apps rather than mobile browsers, accounting for over 70% of total mobile e-commerce sales in 2023
- The fastest-growing segment of smartphones is the premium segment above $800, with a 25% increase in shipments in 2023
- Apple’s App Store generated approximately $85 billion in revenue in 2022, representing over 65% of global app store revenue
- Mobile health app downloads increased by 25% in 2023, reaching over 200 million downloads globally
- The global demand for refurbished smartphones is expected to grow at a compound annual growth rate (CAGR) of 8% through 2025, reaching over 140 million units
- The total revenue from the global smartphone accessories market exceeded $55 billion in 2023, primarily from cases, chargers, and screen protectors
Sales and Revenue Metrics Interpretation
User Engagement and Usage Patterns
- 65% of smartphone users globally are expected to upgrade their device within 3 years as of 2023
- The average lifespan of a smartphone is roughly 2.5 to 3 years
- 85% of smartphone users in the U.S. use their smartphone for daily activities like browsing, social media, and shopping
- In 2023, around 4.4 billion people worldwide used smartphones, representing 55.9% of the global population
- The average mobile app retention rate after 30 days is approximately 20%
- About 80% of mobile device owners do not update their device's operating system regularly
- Approximately 50% of smartphone users in developed countries use mobile payment apps frequently
- 90% of smartphone users in urban areas use their phones for navigation purposes
- The average time spent on a smartphone per day in 2023 is approximately 4 hours and 30 minutes
- Women use smartphones for social networking 15% more frequently than men, according to 2023 studies
- 40% of smartphone users globally access streaming services like Netflix or YouTube daily
- The average global time spent on social media via smartphones is roughly 2 hours and 25 minutes per day in 2023
- The majority of smartphone thefts globally are related to thefts during commuting and crowded settings, accounting for 55% of cases
- 60% of smartphone users in emerging markets prefer purchasing via mobile apps over mobile browsers
- The average quality score for mobile video streaming apps improved to 4.3 out of 5 in 2023, reflecting increased user satisfaction
- The average app session length on smartphones in 2023 is around 7 minutes
- Over 90% of smartphone users worldwide download at least one app per month
- Over 70% of smartphone users in 2023 access social media via their mobile devices daily
- The average global consumer spends about 3 hours per day on their smartphone in non-communication activities like browsing and gaming
User Engagement and Usage Patterns Interpretation
Sources & References
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