Global smartphone shipments to drop 13% in 2026

The global smartphone market is experiencing a historic downturn, with shipments forecast to drop 13% year-over-year in 2026, equivalent to about 160 million units, bringing total shipments to approximately 1.1 billion. This marks a significant reversal from growth rates of 2% in 2025 and 6% in 2024, indicating a rapid market contraction. The decline is attributed to broader economic factors and shifting consumer demand, as detailed in industry reports. This trend could impact global tech supply chains and economic indicators in the coming year.