Europe smartphones market revenue 2019-2029

The revenue in the 'Smartphones' segment of the consumer electronics market in Europe was forecast to continuously increase between 2024 and 2029 by in total 0.6 billion euro (+4.87 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 12.89 billion euro and therefore a new peak in 2029.

Find more key insights for the revenue in countries and regions like the average volume per capita in the 'TV, Radio & Multimedia' segment of the consumer electronics market in Iceland and the revenue change in the 'Desktop PCs' segment of the consumer electronics market in Europe.

The Statista Market Insights cover a broad range of additional markets.

Revenue of the smartphones market in Europe from 2019 to 2029 (in billion euros)

Characteristic	Revenue in billion euros
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Supplementary notes

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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