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IDC Slashes 2025 Smartphone Growth Forecast Amid Economic Woes

5/31/2025

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Summary

Story summary

IDC has lowered its 2025 smartphone growth forecast to 0.6%, down from 2.3%, citing economic challenges.
China's smartphone market is projected to grow by 3% annually, while the U.S. market will see 1.9% growth.
Apple may experience a decline of 1.9% in 2025 due to increased competition.
Broader tariffs could negatively impact the U.S. smartphone market outlook.

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Story summary

IDC has lowered its 2025 smartphone growth forecast to 0.6%, down from 2.3%, citing economic challenges.
China's smartphone market is projected to grow by 3% annually, while the U.S. market will see 1.9% growth.
Apple may experience a decline of 1.9% in 2025 due to increased competition.
Broader tariffs could negatively impact the U.S. smartphone market outlook.