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Goldman Sachs has lowered its global smartphone shipment forecast, projecting 1.1 billion units in 2026, but expects premiumization to drive market value to $674 billion by 2028.
Goldman Sachs has lowered its global smartphone shipment forecast, projecting 1.1 billion units in 2026, and 1.2 billion units in both 2027 and 2028. Despite weaker shipments, higher prices and premium devices are expected to drive market value to $624 billion in 2026 and $674 billion in 2028. Goldman Sachs remains optimistic about foldable phones, forecasting shipments to reach 77 million units by 2028.
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