Europe Smartphone Market to Reach USD 118.7 Billion by 2034, Driven...

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2026-08-06 11:51:46 -

Europe Smartphone Market to Reach USD 118.7 Billion by 2034, Driven by 5G Expansion and Premium Device Demand

According to a new report from Intel Market Research, the Europe Smartphone market was valued at USD 98.5 billion in 2024 and is projected to grow from USD 101.2 billion in 2026 to USD 118.7 billion by 2034, exhibiting a CAGR of 1.8% during the forecast period (2025–2034). This growth is propelled by the expansion of 5G networks across European countries, increasing demand for premium...

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