Global Smartphone Market Faces Sharpest Decline Since 2013, Analysts Warn

The global smartphone market is on track to record its most significant annual contraction since 2013, according to a new report from research firm Counterpoint Research. Following a reassessment of market conditions, analysts revised their forecast for 2026. In February, the firm projected a decline of 12.4 percent for the year. The latest estimate now points to a steeper drop of 13.9 percent. Counterpoint Research described the projected downturn as the largest annual decline since it began tracking the smartphone market in 2013.