International Data Corporation lowered its forecast for global smartphone shipment growth in 2025 from 2.3% to 0.6%, citing economic uncertainty and falling consumer spending due to tariffs. IDC expects growth to remain low in single digits throughout this year, with a five-year CAGR of 1.4% due to increased smartphone penetration, extended renewal cycles, and the cannibalization of used devices. Shipments in the Chinese mobile phone market are expected to increase by 3% year-on-year, but Apple's shipments in the Chinese market are expected to face a 1.9% decline.

International Data Corporation lowered its forecast for global smartphone shipment growth in 2025 from 2.3% to 0.6%, citing economic uncertainty and falling consumer spending due to tariffs. IDC expects growth to remain low in single digits throughout this year, with a five-year CAGR of 1.4% due to increased smartphone penetration, extended renewal cycles, and the cannibalization of used devices. Shipments in the Chinese mobile phone market are expected to increase by 3% year-on-year, but Apple's shipments in the Chinese market are expected to face a 1.9% decline.