Global smartphone shipments are expected to fall in 2023

The International Data Corporation (IDC) is now showing a more prolonged recovery than previously expected, in an updated forecast for the worldwide smartphone market.

According to the latest Worldwide Quarterly Mobile Phone Tracker forecast, shipments of smartphones will decline 9.1% in 2022, a reduction of 2.6 percentage points from the previous forecast. As a result, IDC expects smartphone shipment volumes to total 1.24 billion units in 2022.