From 2012 to 2022, the mobile phone market in Germany experienced a steady increase in market size, measured in billion euros. The year-on-year growth saw fluctuations, with significant growth in 2013 (10.18%) and 2018 (15.74%). However, the growth rate varied, showing a slight decline in 2021 (-0.22%). Over the last five years, the market's compound annual growth rate (CAGR) was 4.14%, indicating overall positive growth despite some volatility. In 2023, the market stood at 11.112 billion euros, suggesting continued expansion.
Future trends to watch for include the impact of emerging technologies such as 5G and foldable smartphones, along with consumer demand for sustainability and eco-friendly devices.
How does Germany rank in Mobile Phones Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 13,317,000,000 | 2023 | +1.38% | +0.75% | View data |
| 2 | 2 Germany | 11,182,000,000 | 2023 | +4% | +2.55% | |
| 3 | 3 France | 8,137,900,000 | 2023 | +3.55% | +1.13% | View data |
| 4 | 4 Italy | 5,192,600,000 | 2023 | +1.06% | +0.48% | View data |
| 5 | 5 Sweden | 2,307,300,000 | 2023 | +3.11% | +2.46% | View data |
