IDC reports a decline in mobile market sales in 2023

Global smartphone sales are expected to decline in 2023. According to the forecast provided by IDC, mobile market sales this year are due to weak demand and slower market recovery than initially expected. 1.1 percent Will be reduced. It is also predicted that this year only 1.19 billion The device will be sold.

IDC In his detailed report It explains that the mobile market is not expected to see a real recovery until 2024. Of the 1.19 billion units likely to be sold this year, 967.7 million will be sold, according to the company. Android And the rest of them iOS to be The report also mentions the growth of the 5G network and predicts that by the end of 2023, 62% of the phones sold worldwide will be equipped with this technology. This figure will increase to 83% in 2027.

The growth of folding phones in the mobile market

Among the notable points of this report, it is possible to mention the folding phones, it is said that the sales of these special mobile phones will reach 22 million units this year, which has increased by 50% despite the market decline. It is expected that this sector will continue to grow by reducing costs and introducing more products from different brands.

In the continuation of the IDC report, it is said that the average selling price of smartphones has increased from 334 dollars in 2019 to 415 dollars in 2022, but in 2023 this trend will also be downward, and the average selling price of the phone this year is forecast to be 376 dollars. has been

IDC explains:

“With rising costs and ongoing challenges in consumer demand, manufacturers are quite cautious in 2023. “While there has been some good news from China recently, there is still a lot of uncertainty and lack of confidence in the market, which leads to a cautious outlook.”

With the end of these short-term challenges, the global mobile market is expected to return to growth in 2024.