Narrative: | 2012 -2029 | Global Smartphone Revenues and Wholesale ASPs Forecast by 88 Countries

Discover TechInsights' forecast for global smartphone wholesale revenues to grow 2% YoY in 2024, reaching $392.3 billion, with sales volume up 3% to 1.2 billion units. Learn about expected ASP trends through 2026.

TechInsights expects global smartphone wholesale revenues will go back to the growth trajectory and increase 2% YoY in 2024 totaling US$392.3 billion, driven by the improved sales volume (up 3% YoY) which will stand at 1.2 billion units. In contrast, global smartphone wholesale ASP would slightly trend down (-1% YoY) to US$338 this year. The pattern would continue in 2025 at US$337, before resuming the upwards track from 2026 onwards.

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