The global revenue in the 'Feature Phones' segment of the consumer electronics market was forecast to continuously decrease between 2024 and 2029 by in total 2.4 billion U.S. dollars (-22.62 percent). After the tenth consecutive decreasing year, the indicator is estimated to reach 8.18 billion U.S. dollars and therefore a new minimum in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
Feature phones are basic mobile phones with limited capabilities such as making calls and sending texts. They are a simple and affordable alternative to smartphones and often marketed towards older people or those looking for a basic phone. Feature phones use a proprietary operating system and have a smaller screen, less powerful processor, and limited memory compared to smartphones.
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 Nokia, ZTE, and Alcatel. 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 feature phone market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/forecasts/1401832/worldwide-featurephone-market-revenue
Statista. "Revenue of the feature phone market worldwide from 2019 to 2029 (in billion U.S. dollars)." Chart. June 28, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/forecasts/1401832/worldwide-featurephone-market-revenue
Statista. (2024). Revenue of the feature phone market worldwide from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/forecasts/1401832/worldwide-featurephone-market-revenue
Statista. "Revenue of The Feature Phone Market Worldwide from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/forecasts/1401832/worldwide-featurephone-market-revenue
Statista, Revenue of the feature phone market worldwide from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1401832/worldwide-featurephone-market-revenue (last visited November 23, 2024)
Revenue of the feature phone market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, June 28, 2024. [Online]. Available: https://www.statista.com/forecasts/1401832/worldwide-featurephone-market-revenue