What you need to know
- Global smartphone shipments are expected to grow 7.4% in 2021.
- iPhone growth is expected to double that of Android for the year.
- Premium smartphone shipments grew 116% in the last year.
The smartphone market is expected to continue its growth way through 2023.
According to new data from IDC, global smartphone shipments are expected to grow 7.4% this year, followed by 3.4% growth in 2022 and 2023. According to IDC's data, iPhone shipments are expected to double the pace of Android in 2021.
Ryan Reith, group vice president with IDC's Mobility and Consumer Device Trackers, said that overall smartphone supply has remained resilient despite the global chip shortage due to the foresight of some of the top brands in the industry.
Anthony Scarsella, research director, Mobile Phones at IDC, said that the premium smartphone market (phones that cost over $1000) continues to grow, so much so that the segment posted 116% growth over last year.
This is great news for Apple, who is expected to announce the iPhone 13 lineup at a virtual event that is rumored to occur on September 14. Both the iPhone 13 Pro and iPhone 13 Pro Max are expected to cost more than $1000 if pricing on those models lines up with previous Pro model offerings.
Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.
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