Technology & Telecommunications · Indirect
Monitoring · monthlyProcurement Category Intelligence
Smartphones
Overview
Market size
$5.2B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.5
supplier-favoured
Suppliers
5
tracked players
Signals
12
8 high severity
Market outlook
2031$6.4B
What changed
Demand by region
Asia Pacific demand45%
North America demand20%
Europe demand18%
Rest of world demand17%
share of global demandtotal 100%
Cost drivers
Semiconductors and application processors35%
Display modules and touch panels20%
Camera modules and optics15%
Electronic manufacturing services and assembly labor15%
Enclosures, batteries and passive components15%
share of delivered cost (analyst estimate)