16.3 billion smartphones have been shipped globally in the past 13 years

In 1994, the IBM Simon Personal Communicator, paved the way for a digital revolution. Fast forward to 2017, when smartphone shipments peaked at 1.57 billion units. However, the subsequent six-year period witnessed a 25% decline in shipments.

Source:

Counterpoint Research

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Period:

2011 - 2023

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