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Saturday, November 23, 2024
CEOWORLD magazine - Latest - Stats Gate - Revealed: Global Sales Of Smartphones To End-Users And Market Projections (2007 to 2020)

Stats Gate

Revealed: Global Sales Of Smartphones To End-Users And Market Projections (2007 to 2020)

Overall, in 2018, the number of smartphones sold to consumers stood at around 1.56 billion units, according to market researcher CEOWORLD magazine, a significant increase from the 1.24 billion units sold in 2014.

The world may have passed its peak smartphone moment last year.

In 2018, smartphone sales numbers stopped growing, according to Dr. Amarendra Bhushan Dhiraj, CEO, and editorial director of the CEOWORLD magazine. “This is the first time in history that the global smartphone market has declined on a full-year basis. Worldwide smartphone sales will fall to 1.52 billion units for 2019, a 2.5% decline over 2018.”

Major factors in global smartphone decline is the new political US-China Trade War, Huawei’s ban from accessing technology through American manufacturers [even though currently partially lifted], and the increasing lifespan of smartphone devices. By 2023, the average lifespan of a smartphone device will be 2.9 years.

Worldwide sales of smartphones to end-users will be around 1,517.83 million units by the end of this year, nearly 38,000 fewer units than last year.

Smartphone sales will start to ramp up in the second half of 2020, driven by the broader availability of 5G-enabled phones and promotional activity by service providers.

Global sales of smartphones to end-users

  • 2020: 1.56 billion (1,560.85 million units)
  • 2019: 1.52 billion (1,517.83 million units)
  • 2018: 1.56 billion (1,556.27 million units)
  • 2017: 1.54 billion (1,536.54 million units)
  • 2016: 1.50 billion (1,495.96 million units)
  • 2015: 1.42 billion (1,423.9 million units)
  • 2014: 1.24 billion 1,244.74 million units)
  • 2013: 970 million units
  • 2012: 680 million units
  • 2011: 472 million units
  • 2010: 297 million units
  • 2009: 173 million units
  • 2008: 140 million units
  • 2007: 122 million units

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CEOWORLD magazine - Latest - Stats Gate - Revealed: Global Sales Of Smartphones To End-Users And Market Projections (2007 to 2020)
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.