US Smartphone Market 2024-2032: Growth Metrics, Revenue Assumptions, Technology Adoption and Key Competitors.

US Smartphone Market Overview

In 2022, the United States smartphone market was valued at an impressive USD 61.5 billion. This substantial figure highlights the critical role smartphones play in the daily lives of Americans, serving as indispensable tools for communication, entertainment, and productivity. The industry is poised for steady growth, with projections indicating an increase from USD 62.4 billion in 2023 to USD 70.3 billion by 2032. This growth corresponds to a compound annual growth rate (CAGR) of 1.50% during the forecast period from 2024 to 2032.

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