Goldman Sachs has lowered its global smartphone shipment forecast, now predicting 1.1 billion units in 2026, and 1.2 billion units in both 2027 and 2028. Despite the weakening shipment volume, the global smartphone market size is expected to reach $6

2026-09-23

Goldman Sachs has lowered its global smartphone shipment forecast, now predicting 1.1 billion units in 2026, and 1.2 billion units in both 2027 and 2028. Despite the weakening shipment volume, the global smartphone market size is expected to reach $624 billion in 2026 and $674 billion in 2028, driven by price increases and high-end models. Goldman Sachs remains bullish on foldable phones, predicting shipments will reach 77 million units by 2028.