Ecwid is officially Lightspeed! It’s business as usual, only better. Learn More

← back to all Insights

Revenue in the Phones Segment 2020—2027

Preliminary revenue from the phones segment in 2022 will be $473.11 billion. Of these, Feature Phones accounts for $11.29 billion, Landline Phones for $7.92 billion and Smartphones for $453.9. By 2027, phones segment revenue will grow by 14.35% to $541.04 billion.

Sources: statista.com August 2022

Promo image

By how much will the phones market grow annually?

The market is expected to grow annually by 2.72% (CAGR 2022-2027). Source: statista.com

What will be the revenue in the phones segment in 2023?

Preliminary revenue from the phones segment in 2023 will be $498.29 billion. This is 5.3% more in 2022. Source: statista.com

Related Insights

We use cookies and similar technologies to remember your preferences, measure effectiveness of our campaigns, and analyze depersonalized data to improve performance of our site. By choosing «Accept», you consent to the use of cookies.