How Is 5G Expansion Driving 2.3% CAGR Growth in the Smartphone Market? According to a new report from Intel Market Research, the global smartphone market was valued at USD 426,640 million in 2026 and is projected to reach USD 502,890 million by 2034, growing at a steady CAGR of 2.3% during the forecast period (2026–2034). This growth is propelled by 5G network expansion, innovative form factors like foldable devices, and the increasing integration of smartphones into broader digital ecosystems including smart homes and automotive connectivity. https://www.intelmarketresearch.com/download-free-sample/11046/smartphone-2025-2032-761