GITNUXREPORT 2026

Technology Growth Statistics

Semiconductor, AI, and connectivity advances have driven exponential technology growth worldwide.

Rajesh Patel

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

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Key Statistics

Statistic 1

Number of AI model parameters grew from 1.5 billion in GPT-2 (2019) to 1.76 trillion in GPT-4 (2023)

Statistic 2

Global AI market size expanded from $40 billion in 2019 to $184 billion in 2024, projected CAGR 37%

Statistic 3

Compute used for largest AI training runs increased 4e6 times from 2010 to 2020, per Epoch AI analysis

Statistic 4

Generative AI user base hit 100 million weekly active users within 2 months of ChatGPT launch in Nov 2022

Statistic 5

AI chip market revenue surged from $5 billion in 2018 to $45 billion in 2023, led by NVIDIA GPUs

Statistic 6

Accuracy on ImageNet benchmark improved from 50% in 2011 to 90%+ in 2023 with vision transformers

Statistic 7

Number of AI research papers published annually rose from 10,000 in 2010 to over 100,000 in 2022

Statistic 8

Enterprise AI adoption jumped from 10% in 2017 to 55% in 2023, per McKinsey survey

Statistic 9

FLOPS for frontier AI models scaled 10x per year from 2015-2023, reaching 1e25 FLOPS estimates

Statistic 10

AI software market grew to $65 billion in 2023, with 40% CAGR since 2018

Statistic 11

Number of AI model parameters grew from 1.5 billion in GPT-2 (2019) to 1.76 trillion in GPT-4 (2023)

Statistic 12

Global AI market size expanded from $40 billion in 2019 to $184 billion in 2024, projected CAGR 37%

Statistic 13

Compute used for largest AI training runs increased 4e6 times from 2010 to 2020, per Epoch AI analysis

Statistic 14

Generative AI user base hit 100 million weekly active users within 2 months of ChatGPT launch in Nov 2022

Statistic 15

AI chip market revenue surged from $5 billion in 2018 to $45 billion in 2023, led by NVIDIA GPUs

Statistic 16

Accuracy on ImageNet benchmark improved from 50% in 2011 to 90%+ in 2023 with vision transformers

Statistic 17

Number of AI research papers published annually rose from 10,000 in 2010 to over 100,000 in 2022

Statistic 18

Enterprise AI adoption jumped from 10% in 2017 to 55% in 2023, per McKinsey survey

Statistic 19

FLOPS for frontier AI models scaled 10x per year from 2015-2023, reaching 1e25 FLOPS estimates

Statistic 20

AI software market grew to $65 billion in 2023, with 40% CAGR since 2018

Statistic 21

Public cloud spending grew from $70 billion in 2015 to $679 billion in 2024, CAGR 28%

Statistic 22

Global data creation volume hit 181 zettabytes in 2025 projection, from 64.2 ZB in 2020

Statistic 23

Hyperscale data centers worldwide increased from 500 in 2016 to 1,100 in 2023

Statistic 24

Cloud storage capacity grew to 10,000 exabytes in 2023, 10x from 2015

Statistic 25

AWS market share in IaaS was 32% in 2023, with revenue $90 billion annually

Statistic 26

Number of cloud computing users reached 103.4% penetration in enterprises by 2023

Statistic 27

Data center power consumption rose to 240-340 TWh in 2022, 1-1.3% of global electricity

Statistic 28

Edge computing market size projected to $250 billion by 2025 from $4 billion in 2019

Statistic 29

Global object storage capacity reached 12 EB in 2023, growing 50% YoY

Statistic 30

Public cloud spending grew from $70 billion in 2015 to $679 billion in 2024, CAGR 28%

Statistic 31

Global data creation volume hit 181 zettabytes in 2025 projection, from 64.2 ZB in 2020

Statistic 32

Hyperscale data centers worldwide increased from 500 in 2016 to 1,100 in 2023

Statistic 33

Cloud storage capacity grew to 10,000 exabytes in 2023, 10x from 2015

Statistic 34

AWS market share in IaaS was 32% in 2023, with revenue $90 billion annually

Statistic 35

Number of cloud computing users reached 103.4% penetration in enterprises by 2023

Statistic 36

Data center power consumption rose to 240-340 TWh in 2022, 1-1.3% of global electricity

Statistic 37

Edge computing market size projected to $250 billion by 5, from $4 billion in 2019

Statistic 38

Global object storage capacity reached 12 EB in 2023, growing 50% YoY

Statistic 39

Transistor count on leading-edge microprocessors doubled approximately every 2 years from 1970 to 2020, reaching over 50 billion transistors in Apple's M1 Ultra chip in 2022

Statistic 40

Global semiconductor market revenue grew from $222 billion in 2010 to $574 billion in 2022, a 158% increase driven by demand for AI chips

Statistic 41

Hard disk drive storage capacity increased by 10,000 times from 1 GB in 1991 to 100 TB prototypes in 2023, following Kryder's Law

Statistic 42

GPU compute performance for AI workloads improved 300,000x from 2012 to 2022 due to NVIDIA's architecture advancements

Statistic 43

Energy efficiency of top supercomputers improved by 100,000x from 1993 to 2023, measured in FLOPS per watt

Statistic 44

3D NAND flash memory layers increased from 24 in 2013 to 238 in 2023, enabling 8TB consumer SSDs

Statistic 45

Quantum bit (qubit) counts in quantum processors rose from 2 in 2011 to over 1,000 in IBM's 2023 Eagle processor

Statistic 46

DRAM bit density grew 1 million-fold from 1984 to 2022, allowing 128 GB DIMMs in servers

Statistic 47

Fab node shrinks from 10 microns in 1971 to 3 nanometers in 2022, with TSMC's 2nm planned for 2025

Statistic 48

Worldwide data center IT hardware spending reached $250 billion in 2023, up 15% YoY due to hyperscaler demand

Statistic 49

Transistor count on leading-edge microprocessors doubled approximately every 2 years from 1970 to 2020, reaching over 50 billion transistors in Apple's M1 Ultra chip in 2022

Statistic 50

Global semiconductor market revenue grew from $222 billion in 2010 to $574 billion in 2022, a 158% increase driven by demand for AI chips

Statistic 51

Hard disk drive storage capacity increased by 10,000 times from 1 GB in 1991 to 100 TB prototypes in 2023, following Kryder's Law

Statistic 52

GPU compute performance for AI workloads improved 300,000x from 2012 to 2022 due to NVIDIA's architecture advancements

Statistic 53

Energy efficiency of top supercomputers improved by 100,000x from 1993 to 2023, measured in FLOPS per watt

Statistic 54

3D NAND flash memory layers increased from 24 in 2013 to 238 in 2023, enabling 8TB consumer SSDs

Statistic 55

Quantum bit (qubit) counts in quantum processors rose from 2 in 2011 to over 1,000 in IBM's 2023 Eagle processor

Statistic 56

DRAM bit density grew 1 million-fold from 1984 to 2022, allowing 128 GB DIMMs in servers

Statistic 57

Fab node shrinks from 10 microns in 1971 to 3 nanometers in 2022, with TSMC's 2nm planned for 2025

Statistic 58

Worldwide data center IT hardware spending reached $250 billion in 2023, up 15% YoY due to hyperscaler demand

Statistic 59

Global internet users increased from 413 million in 2000 to 5.3 billion in 2023, penetration from 6.7% to 66%

Statistic 60

Average fixed broadband speed worldwide rose from 5 Mbps in 2009 to 100 Mbps in 2023, 20x growth

Statistic 61

5G connections globally reached 1.5 billion by end of 2023, up from zero in 2019

Statistic 62

Data traffic on global internet grew from 2 exabytes/month in 2000 to 4,800 exabytes/month in 2023

Statistic 63

IPv6 adoption climbed from 1% in 2010 to 40% globally in 2023, enabling 340 undecillion addresses

Statistic 64

Number of websites grew from 20 million in 2000 to 1.13 billion in 2023

Statistic 65

Global undersea cable capacity increased 100x from 2010 to 2023 to over 1,400 Tbps

Statistic 66

Wi-Fi 6 adoption in devices reached 25% of smartphones by 2023, enabling 9.6 Gbps speeds

Statistic 67

Satellite internet subscribers for Starlink hit 2 million in 2023, from launch in 2021

Statistic 68

Fiber optic broadband households passed globally: 1.5 billion in 2023 vs 500 million in 2015

Statistic 69

Global internet users increased from 413 million in 2000 to 5.3 billion in 2023, penetration from 6.7% to 66%

Statistic 70

Average fixed broadband speed worldwide rose from 5 Mbps in 2009 to 100 Mbps in 2023, 20x growth

Statistic 71

5G connections globally reached 1.5 billion by end of 2023, up from zero in 2019

Statistic 72

Data traffic on global internet grew from 2 exabytes/month in 2000 to 4,800 exabytes/month in 2023

Statistic 73

IPv6 adoption climbed from 1% in 2010 to 40% globally in 2023, enabling 340 undecillion addresses

Statistic 74

Number of websites grew from 20 million in 2000 to 1.13 billion in 2023

Statistic 75

Global undersea cable capacity increased 100x from 2010 to 2023 to over 1,400 Tbps

Statistic 76

Wi-Fi 6 adoption in devices reached 25% of smartphones by 2023, enabling 9.6 Gbps speeds

Statistic 77

Satellite internet subscribers for Starlink hit 2 million in 2023, from launch in 2021

Statistic 78

Fiber optic broadband households passed globally: 1.5 billion in 2023 vs 500 million in 2015

Statistic 79

Global smartphone shipments peaked at 1.47 billion units in 2016, stabilizing at 1.15 billion in 2023 despite market maturity

Statistic 80

Average smartphone battery capacity grew from 1,400 mAh in 2010 to 5,000 mAh in 2023 flagship models

Statistic 81

Smartphone camera megapixels increased from 2 MP in 2008 to 200 MP sensors in 2023 Samsung Galaxy S23 Ultra

Statistic 82

Mobile app downloads worldwide reached 257 billion in 2023, up from 100 billion in 2016

Statistic 83

5G smartphone penetration hit 50% of shipments in 2023, from 1% in 2019

Statistic 84

Foldable smartphone shipments grew 70% YoY to 21 million units in 2023, led by Samsung

Statistic 85

Average smartphone screen size expanded from 3.5 inches in 2010 iPhone 4 to 6.7 inches in 2023 flagships

Statistic 86

Global wearable device shipments reached 520 million units in 2023, CAGR 15% since 2015

Statistic 87

AR/VR headset shipments tripled to 13 million units in 2023 post-Apple Vision Pro announcement

Statistic 88

Smartphone RAM averaged 512 MB in 2012, reaching 12 GB in 2023 gaming phones like ASUS ROG

Statistic 89

Global smartphone shipments peaked at 1.47 billion units in 2016, stabilizing at 1.15 billion in 2023 despite market maturity

Statistic 90

Average smartphone battery capacity grew from 1,400 mAh in 2010 to 5,000 mAh in 2023 flagship models

Statistic 91

Smartphone camera megapixels increased from 2 MP in 2008 to 200 MP sensors in 2023 Samsung Galaxy S23 Ultra

Statistic 92

Mobile app downloads worldwide reached 257 billion in 2023, up from 100 billion in 2016

Statistic 93

5G smartphone penetration hit 50% of shipments in 2023, from 1% in 2019

Statistic 94

Foldable smartphone shipments grew 70% YoY to 21 million units in 2023, led by Samsung

Statistic 95

Average smartphone screen size expanded from 3.5 inches in 2010 iPhone 4 to 6.7 inches in 2023 flagships

Statistic 96

Global wearable device shipments reached 520 million units in 2023, CAGR 15% since 2015

Statistic 97

AR/VR headset shipments tripled to 13 million units in 2023 post-Apple Vision Pro announcement

Statistic 98

Smartphone RAM averaged 512 MB in 2012, reaching 12 GB in 2023 gaming phones like ASUS ROG

Sources
Trusted by 500+ publications
Harvard Business ReviewThe GuardianFortune+497
Imagine a world where computing power doubles every two years, internet traffic explodes a thousandfold, and AI becomes omnipresent in under a decade—welcome to the staggering and exponential reality of technological growth documented in the data below.

Key Takeaways

  • Transistor count on leading-edge microprocessors doubled approximately every 2 years from 1970 to 2020, reaching over 50 billion transistors in Apple's M1 Ultra chip in 2022
  • Global semiconductor market revenue grew from $222 billion in 2010 to $574 billion in 2022, a 158% increase driven by demand for AI chips
  • Hard disk drive storage capacity increased by 10,000 times from 1 GB in 1991 to 100 TB prototypes in 2023, following Kryder's Law
  • Number of AI model parameters grew from 1.5 billion in GPT-2 (2019) to 1.76 trillion in GPT-4 (2023)
  • Global AI market size expanded from $40 billion in 2019 to $184 billion in 2024, projected CAGR 37%
  • Compute used for largest AI training runs increased 4e6 times from 2010 to 2020, per Epoch AI analysis
  • Global internet users increased from 413 million in 2000 to 5.3 billion in 2023, penetration from 6.7% to 66%
  • Average fixed broadband speed worldwide rose from 5 Mbps in 2009 to 100 Mbps in 2023, 20x growth
  • 5G connections globally reached 1.5 billion by end of 2023, up from zero in 2019
  • Global smartphone shipments peaked at 1.47 billion units in 2016, stabilizing at 1.15 billion in 2023 despite market maturity
  • Average smartphone battery capacity grew from 1,400 mAh in 2010 to 5,000 mAh in 2023 flagship models
  • Smartphone camera megapixels increased from 2 MP in 2008 to 200 MP sensors in 2023 Samsung Galaxy S23 Ultra
  • Public cloud spending grew from $70 billion in 2015 to $679 billion in 2024, CAGR 28%
  • Global data creation volume hit 181 zettabytes in 2025 projection, from 64.2 ZB in 2020
  • Hyperscale data centers worldwide increased from 500 in 2016 to 1,100 in 2023

Semiconductor, AI, and connectivity advances have driven exponential technology growth worldwide.

Artificial Intelligence

  • Number of AI model parameters grew from 1.5 billion in GPT-2 (2019) to 1.76 trillion in GPT-4 (2023)
  • Global AI market size expanded from $40 billion in 2019 to $184 billion in 2024, projected CAGR 37%
  • Compute used for largest AI training runs increased 4e6 times from 2010 to 2020, per Epoch AI analysis
  • Generative AI user base hit 100 million weekly active users within 2 months of ChatGPT launch in Nov 2022
  • AI chip market revenue surged from $5 billion in 2018 to $45 billion in 2023, led by NVIDIA GPUs
  • Accuracy on ImageNet benchmark improved from 50% in 2011 to 90%+ in 2023 with vision transformers
  • Number of AI research papers published annually rose from 10,000 in 2010 to over 100,000 in 2022
  • Enterprise AI adoption jumped from 10% in 2017 to 55% in 2023, per McKinsey survey
  • FLOPS for frontier AI models scaled 10x per year from 2015-2023, reaching 1e25 FLOPS estimates
  • AI software market grew to $65 billion in 2023, with 40% CAGR since 2018
  • Number of AI model parameters grew from 1.5 billion in GPT-2 (2019) to 1.76 trillion in GPT-4 (2023)
  • Global AI market size expanded from $40 billion in 2019 to $184 billion in 2024, projected CAGR 37%
  • Compute used for largest AI training runs increased 4e6 times from 2010 to 2020, per Epoch AI analysis
  • Generative AI user base hit 100 million weekly active users within 2 months of ChatGPT launch in Nov 2022
  • AI chip market revenue surged from $5 billion in 2018 to $45 billion in 2023, led by NVIDIA GPUs
  • Accuracy on ImageNet benchmark improved from 50% in 2011 to 90%+ in 2023 with vision transformers
  • Number of AI research papers published annually rose from 10,000 in 2010 to over 100,000 in 2022
  • Enterprise AI adoption jumped from 10% in 2017 to 55% in 2023, per McKinsey survey
  • FLOPS for frontier AI models scaled 10x per year from 2015-2023, reaching 1e25 FLOPS estimates
  • AI software market grew to $65 billion in 2023, with 40% CAGR since 2018

Artificial Intelligence Interpretation

In just a few years, we’ve gone from teaching a single neuron to basically building a digital brain the size of a small country, and we’re now paying that brain a king’s ransom in specialized chips to do our homework, write our emails, and occasionally get a cat picture right.

Cloud and Data Centers

  • Public cloud spending grew from $70 billion in 2015 to $679 billion in 2024, CAGR 28%
  • Global data creation volume hit 181 zettabytes in 2025 projection, from 64.2 ZB in 2020
  • Hyperscale data centers worldwide increased from 500 in 2016 to 1,100 in 2023
  • Cloud storage capacity grew to 10,000 exabytes in 2023, 10x from 2015
  • AWS market share in IaaS was 32% in 2023, with revenue $90 billion annually
  • Number of cloud computing users reached 103.4% penetration in enterprises by 2023
  • Data center power consumption rose to 240-340 TWh in 2022, 1-1.3% of global electricity
  • Edge computing market size projected to $250 billion by 2025 from $4 billion in 2019
  • Global object storage capacity reached 12 EB in 2023, growing 50% YoY
  • Public cloud spending grew from $70 billion in 2015 to $679 billion in 2024, CAGR 28%
  • Global data creation volume hit 181 zettabytes in 2025 projection, from 64.2 ZB in 2020
  • Hyperscale data centers worldwide increased from 500 in 2016 to 1,100 in 2023
  • Cloud storage capacity grew to 10,000 exabytes in 2023, 10x from 2015
  • AWS market share in IaaS was 32% in 2023, with revenue $90 billion annually
  • Number of cloud computing users reached 103.4% penetration in enterprises by 2023
  • Data center power consumption rose to 240-340 TWh in 2022, 1-1.3% of global electricity
  • Edge computing market size projected to $250 billion by 5, from $4 billion in 2019
  • Global object storage capacity reached 12 EB in 2023, growing 50% YoY

Cloud and Data Centers Interpretation

We've managed to build a digital universe so voracious that our global data creation and cloud spending are rocketing off the charts, yet we still haven't solved the puzzle of how to power it all without inadvertently turning the planet into a giant, humming server rack.

Computing Hardware

  • Transistor count on leading-edge microprocessors doubled approximately every 2 years from 1970 to 2020, reaching over 50 billion transistors in Apple's M1 Ultra chip in 2022
  • Global semiconductor market revenue grew from $222 billion in 2010 to $574 billion in 2022, a 158% increase driven by demand for AI chips
  • Hard disk drive storage capacity increased by 10,000 times from 1 GB in 1991 to 100 TB prototypes in 2023, following Kryder's Law
  • GPU compute performance for AI workloads improved 300,000x from 2012 to 2022 due to NVIDIA's architecture advancements
  • Energy efficiency of top supercomputers improved by 100,000x from 1993 to 2023, measured in FLOPS per watt
  • 3D NAND flash memory layers increased from 24 in 2013 to 238 in 2023, enabling 8TB consumer SSDs
  • Quantum bit (qubit) counts in quantum processors rose from 2 in 2011 to over 1,000 in IBM's 2023 Eagle processor
  • DRAM bit density grew 1 million-fold from 1984 to 2022, allowing 128 GB DIMMs in servers
  • Fab node shrinks from 10 microns in 1971 to 3 nanometers in 2022, with TSMC's 2nm planned for 2025
  • Worldwide data center IT hardware spending reached $250 billion in 2023, up 15% YoY due to hyperscaler demand
  • Transistor count on leading-edge microprocessors doubled approximately every 2 years from 1970 to 2020, reaching over 50 billion transistors in Apple's M1 Ultra chip in 2022
  • Global semiconductor market revenue grew from $222 billion in 2010 to $574 billion in 2022, a 158% increase driven by demand for AI chips
  • Hard disk drive storage capacity increased by 10,000 times from 1 GB in 1991 to 100 TB prototypes in 2023, following Kryder's Law
  • GPU compute performance for AI workloads improved 300,000x from 2012 to 2022 due to NVIDIA's architecture advancements
  • Energy efficiency of top supercomputers improved by 100,000x from 1993 to 2023, measured in FLOPS per watt
  • 3D NAND flash memory layers increased from 24 in 2013 to 238 in 2023, enabling 8TB consumer SSDs
  • Quantum bit (qubit) counts in quantum processors rose from 2 in 2011 to over 1,000 in IBM's 2023 Eagle processor
  • DRAM bit density grew 1 million-fold from 1984 to 2022, allowing 128 GB DIMMs in servers
  • Fab node shrinks from 10 microns in 1971 to 3 nanometers in 2022, with TSMC's 2nm planned for 2025
  • Worldwide data center IT hardware spending reached $250 billion in 2023, up 15% YoY due to hyperscaler demand

Computing Hardware Interpretation

We are quite literally building a new world atom by atom, at a pace so relentless that our only true bottleneck is the human imagination needed to fill the absurdly cheap, fast, and dense computational canvas we are painting.

Internet and Broadband

  • Global internet users increased from 413 million in 2000 to 5.3 billion in 2023, penetration from 6.7% to 66%
  • Average fixed broadband speed worldwide rose from 5 Mbps in 2009 to 100 Mbps in 2023, 20x growth
  • 5G connections globally reached 1.5 billion by end of 2023, up from zero in 2019
  • Data traffic on global internet grew from 2 exabytes/month in 2000 to 4,800 exabytes/month in 2023
  • IPv6 adoption climbed from 1% in 2010 to 40% globally in 2023, enabling 340 undecillion addresses
  • Number of websites grew from 20 million in 2000 to 1.13 billion in 2023
  • Global undersea cable capacity increased 100x from 2010 to 2023 to over 1,400 Tbps
  • Wi-Fi 6 adoption in devices reached 25% of smartphones by 2023, enabling 9.6 Gbps speeds
  • Satellite internet subscribers for Starlink hit 2 million in 2023, from launch in 2021
  • Fiber optic broadband households passed globally: 1.5 billion in 2023 vs 500 million in 2015
  • Global internet users increased from 413 million in 2000 to 5.3 billion in 2023, penetration from 6.7% to 66%
  • Average fixed broadband speed worldwide rose from 5 Mbps in 2009 to 100 Mbps in 2023, 20x growth
  • 5G connections globally reached 1.5 billion by end of 2023, up from zero in 2019
  • Data traffic on global internet grew from 2 exabytes/month in 2000 to 4,800 exabytes/month in 2023
  • IPv6 adoption climbed from 1% in 2010 to 40% globally in 2023, enabling 340 undecillion addresses
  • Number of websites grew from 20 million in 2000 to 1.13 billion in 2023
  • Global undersea cable capacity increased 100x from 2010 to 2023 to over 1,400 Tbps
  • Wi-Fi 6 adoption in devices reached 25% of smartphones by 2023, enabling 9.6 Gbps speeds
  • Satellite internet subscribers for Starlink hit 2 million in 2023, from launch in 2021
  • Fiber optic broadband households passed globally: 1.5 billion in 2023 vs 500 million in 2015

Internet and Broadband Interpretation

In just over two decades, humanity went from mostly yelling at dial-up tones to collectively streaming enough data each month to create a galactic-scale library, all while we quietly laid enough fiber and undersea cables to turn the planet into a giant, high-speed nervous system.

Mobile Technology

  • Global smartphone shipments peaked at 1.47 billion units in 2016, stabilizing at 1.15 billion in 2023 despite market maturity
  • Average smartphone battery capacity grew from 1,400 mAh in 2010 to 5,000 mAh in 2023 flagship models
  • Smartphone camera megapixels increased from 2 MP in 2008 to 200 MP sensors in 2023 Samsung Galaxy S23 Ultra
  • Mobile app downloads worldwide reached 257 billion in 2023, up from 100 billion in 2016
  • 5G smartphone penetration hit 50% of shipments in 2023, from 1% in 2019
  • Foldable smartphone shipments grew 70% YoY to 21 million units in 2023, led by Samsung
  • Average smartphone screen size expanded from 3.5 inches in 2010 iPhone 4 to 6.7 inches in 2023 flagships
  • Global wearable device shipments reached 520 million units in 2023, CAGR 15% since 2015
  • AR/VR headset shipments tripled to 13 million units in 2023 post-Apple Vision Pro announcement
  • Smartphone RAM averaged 512 MB in 2012, reaching 12 GB in 2023 gaming phones like ASUS ROG
  • Global smartphone shipments peaked at 1.47 billion units in 2016, stabilizing at 1.15 billion in 2023 despite market maturity
  • Average smartphone battery capacity grew from 1,400 mAh in 2010 to 5,000 mAh in 2023 flagship models
  • Smartphone camera megapixels increased from 2 MP in 2008 to 200 MP sensors in 2023 Samsung Galaxy S23 Ultra
  • Mobile app downloads worldwide reached 257 billion in 2023, up from 100 billion in 2016
  • 5G smartphone penetration hit 50% of shipments in 2023, from 1% in 2019
  • Foldable smartphone shipments grew 70% YoY to 21 million units in 2023, led by Samsung
  • Average smartphone screen size expanded from 3.5 inches in 2010 iPhone 4 to 6.7 inches in 2023 flagships
  • Global wearable device shipments reached 520 million units in 2023, CAGR 15% since 2015
  • AR/VR headset shipments tripled to 13 million units in 2023 post-Apple Vision Pro announcement
  • Smartphone RAM averaged 512 MB in 2012, reaching 12 GB in 2023 gaming phones like ASUS ROG

Mobile Technology Interpretation

We have boldly crammed so much power, connectivity, and screen into our pockets that the smartphone market can no longer grow numerically, only existentially.

Sources & References

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