Telephony Report 2020

Statista Consumer Market Outlook - Segment Report

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The Telephony segment report encompasses mobile and landline phones. The global telecommunications market was ushered into a new era in 2007, with the launch of Apple’s iPhone. Nowadays, smartphones have become a symbol of mobile internet access, and they have triggered a wave of innovations in the past decade—which has reached telecommunication providers, software companies, computer manufacturers, raw material suppliers and especially social networks, and is still keeping them busy up until today.

In 2019, the Telephony segment accounted for 48% of the worldwide Consumer Electronics' revenue and 22% of the volume sales. In that same year, Telephony sales increased by 4.0%, in comparison to 2018 and reached US$498 billion. Many consumers in Europe and the USA own high-performance smartphones, and the number of competitors in the market has increased significantly; an increase which is particularly led by Chinese manufacturers like Xiaomi.

  • Language: English
  • Released: January 2021
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