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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

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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

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