The revenue is forecast to experience significant growth in all regions in 2029. From the selected regions, the ranking by revenue in the 'Smartphones' segment of the consumer electronics market is forecast to be led by Eastern Asia with 160.62 billion U.S. dollars. In contrast, the ranking is trailed by Australia & Oceania with 4.86 billion U.S. dollars, recording a difference of 155.76 billion U.S. dollars to Eastern Asia.
Data provided by Statista Market Insights are estimates.
Definition:
Smartphones are mobile devices that combine the functionality of a computer with the ability to make phone calls. It typically features a touch screen display, a camera, internet connectivity, and a range of other features, such as GPS navigation, music playback, and the ability to run apps (short for applications). Smartphones run on operating systems like Android, iOS, and Windows, and offer a range of apps for productivity, games, social media, and entertainment. Some smartphones also have the ability to connect to other devices, such as laptops, tablets, and wearable devices, to share data and perform other tasks.
Additional Information:
The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Apple, Samsung, Xiaomi, and Huawei. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
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Statista. (June 28, 2024). Revenue of the smartphone market in the Asia-Pacific region from 2020 to 2029, by sub-region (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/forecasts/1263245/revenue-smartphone-market-asia-pacific-sub-region
Statista. "Revenue of the smartphone market in the Asia-Pacific region from 2020 to 2029, by sub-region (in billion U.S. dollars)." Chart. June 28, 2024. Statista. Accessed December 27, 2024. https://www.statista.com/forecasts/1263245/revenue-smartphone-market-asia-pacific-sub-region
Statista. (2024). Revenue of the smartphone market in the Asia-Pacific region from 2020 to 2029, by sub-region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/forecasts/1263245/revenue-smartphone-market-asia-pacific-sub-region
Statista. "Revenue of The Smartphone Market in The Asia-pacific Region from 2020 to 2029, by Sub-region (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/forecasts/1263245/revenue-smartphone-market-asia-pacific-sub-region
Statista, Revenue of the smartphone market in the Asia-Pacific region from 2020 to 2029, by sub-region (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1263245/revenue-smartphone-market-asia-pacific-sub-region (last visited December 27, 2024)
Revenue of the smartphone market in the Asia-Pacific region from 2020 to 2029, by sub-region (in billion U.S. dollars) [Graph], Statista, June 28, 2024. [Online]. Available: https://www.statista.com/forecasts/1263245/revenue-smartphone-market-asia-pacific-sub-region