The average selling price (ASP) of smartphones is expected to reach 317 U.S. dollars in 2021, 35 U.S. dollars more expensive than the ASP in 2016. In 2019, the ASP of an android device was 33 U.S. dollars lower than the overall average.
More options, higher prices
The availability of newer form options has seen higher priced models enter the market, such as the folding phones introduced in 2020. The Samsung Galaxy Fold, for example, retails at 1,979.99 U.S. dollars in the United States, making it one of the most expensive smartphones on the market.
Prices around the world
Different brands providing products under different economic circumstances means that the price bands at which phones are sold varies greatly around the world. In Latin America, 58.5 of all smartphones sold during the second quarter of 2019 had a price tag of 199 U.S. dollars or less, while 83 percent of smartphones shipped to Africa during the fourth quarter of 2019 had a price tag of 200 U.S. dollars or less.
Global average selling price (ASP) of smartphones from 2016 to 2021
(in U.S. dollars)
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IDC. (May 30, 2019). Global average selling price (ASP) of smartphones from 2016 to 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/788557/global-average-selling-price-smartphones/
IDC. "Global average selling price (ASP) of smartphones from 2016 to 2021 (in U.S. dollars)." Chart. May 30, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/788557/global-average-selling-price-smartphones/
IDC. (2019). Global average selling price (ASP) of smartphones from 2016 to 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/788557/global-average-selling-price-smartphones/
IDC. "Global Average Selling Price (Asp) of Smartphones from 2016 to 2021 (in U.S. Dollars)." Statista, Statista Inc., 30 May 2019, https://www.statista.com/statistics/788557/global-average-selling-price-smartphones/
IDC, Global average selling price (ASP) of smartphones from 2016 to 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/788557/global-average-selling-price-smartphones/ (last visited November 21, 2024)
Global average selling price (ASP) of smartphones from 2016 to 2021 (in U.S. dollars) [Graph], IDC, May 30, 2019. [Online]. Available: https://www.statista.com/statistics/788557/global-average-selling-price-smartphones/
