Goldman Sachs cuts global smartphone shipment outlook to 1.1B units in 2026
Summary
Goldman Sachs has revised its global smartphone shipment forecasts, now anticipating 1.1 billion units in 2026, down from previous estimates. Despite this decline in volume, the firm projects that the overall market value will increase to $624 billion in 2026, driven by higher prices and premium devices. Notably, Goldman maintains a positive outlook for foldable smartphones, predicting shipments of 77 million units by 2028, reflecting ongoing consumer interest in innovative and advanced form factors within the market.
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Analysis
Goldman Sachs: Goldman Sachs is a leading global investment bank and financial services firm that offers investment banking, securities trading, asset management, and market research to corporations, governments, and individuals. The firm regularly issues detailed forecasts and analyses across consumer technology and other sectors to guide investment strategies. In this news, Goldman Sachs has updated its smartphone market outlook, reflecting its ongoing role in providing forward-looking industry assessments. Market Dynamics: Premium and higher-priced devices continue to support overall sector value even as total unit shipments face pressure. Innovation Focus: Foldable smartphones remain an area of positive long-term expectations amid evolving consumer preferences for advanced form factors.
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