Narrative : Global 5G Smartphone Vendor Share by Region Q1 2025

Global 5G smartphone shipments grew in early 2025, but economic, geopolitical, and market challenges may limit growth in key regions.

The first quarter of 2025 saw overall growth for global 5G smartphone shipments. However, 2025 may become a difficult year for many vendors due to challenging economic and geopolitical situations across multiple regions, impacting consumer sentiment and buying behaviors. US tariff policy may hurt the US market in 2025 as higher prices and falling consumer confidence impact buying behavior. Double-digit global 5G smartphone shipment growth masks regional variability, and major markets are nearing saturation. Emerging markets where 5G networks are still being rolled out offer the most significant opportunity for future shipment growth.