Counterpoint Research: It is expected that the average selling price of smartphones globally will increase from $370 in 2025 to $412 in 2029.

Wisdom Finance APP has learned that, driven by the trend towards high-end products, the average selling price (ASP) of the global smartphone market continues to increase annually. According to the Counterpoint Research Market Outlook Tracking Report, the ASP of the global smartphone market is expected to rise from $357 in 2024 to $370 in 2025, and reach $412 in 2029, with a CAGR of 3%. In addition to the boost brought by the trend towards high-end products, the popularity of 5G and consumer preference for advanced features (even in mid-range models) have also contributed to this steady growth.