International Data Corporation (IDC) lowered its forecast for worldwide smartphone shipments in 2025 due to uncertainty, tariff volatility, and a slowdown in consumer spending.
The forecasted year-over-year growth for smartphone shipments in 2025 was reduced from 2.3% to 0.6% by IDC.
The U.S. and China are expected to be the driving forces behind the projected 0.6% growth in worldwide smartphone shipments.
Trade tensions, uncertainty around tariffs, and global market dynamics are influencing the smartphone industry's outlook for the future.