Smartphone mobile network subscriptions worldwide 2016-2028

How many smartphone mobile network subscriptions are active worldwide?

The number of smartphone mobile network subscriptions worldwide reached almost 6.4 billion in 2022, and is forecast to exceed 7.7 billion by 2028. China, India, and the United States are the countries with the highest number of smartphone mobile network subscriptions.

Smartphone unit sales levelling off

The smartphone market still has high growth potential, with the smartphone penetration rate remaining lower than 70 percent in many highly populated markets, in particular China and India. Global smartphone revenue reached 481 billion U.S. dollars in 2021, but was expected to have fallen to 463 billion in 2022. Despite stagnating sales, the increasing average selling price of smartphones is expected to support the market over the coming years.

Leading smartphone vendors

The leading smartphone vendors today are Samsung and Apple. These technology companies account for about half of all smartphone shipments worldwide.