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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

Related Insights

Online sales of phones in 2022

47.1% of phones will be sold online in 2022.
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Revenue in the clothing segment in 2022

The clothing segment revenue in 2022 is estimated at $566.23 billion.
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Revenue in the cosmetics Segment in 2022

The cosmetics segment revenue in 2022 is estimated at $100.49 billion.
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Learn how to make money on ecommerce for various products.

Here we have compiled a list of helpful articles and guides so you can create an online store and start selling on it.

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