SOURCE RESEARCH
5G Mobile Devices, Features, and Technologies: Vendors, Trends, and Forecasts
Market Data | 4Q 2023 | MD-MDEV-124
Get The ReportAs the smartphone market has matured, handset shipment growth has slowed down. The year 2023 is expected to see a slight decrease in units shipped compared to 2022.
While overall handset shipments will still be on an upward path through 2028, with 5G devices expected to dominate the market, this growth will be far more modest thatn years past. According to the latest market forecasts from ABI Research, handset shipments are expected to grow from 119.5 million in 2022 to 123.3 million units in 2028 - with 5G devices accounting for 99% of total handset shipments.
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