In the Smartphones market, 1,366.14 million units shipped in 2020 and it is expected to reach 1,556.67 million units by 2026, registering a CAGR of 1.69% during the forecast period (2021-2026). Factors such as increasing disposable income, development of telecom infrastructure, the emergence of budget-centric smartphones, and an increasing number of product launches are contributing to the growth of the smartphone market in Asian countries.