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Smartphones in the US Procurement Price, Data and Insights
Smartphones are mobile phones that operate on cellular networks and have large screens, built-in applications, and internet access. Smartphones are equipped with operating systems and increased processing power, allowing them to perform many of the functions of a computer. Major buyers include wireless carriers, corporations, and government agencies.
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What’s included in this market coverage
IBISWorld's research coverage on the Smartphones procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Smartphones market in the United States includes Android Smartphones, Apple Smartphones and Other Smartphone Brands. Standard coding in this coverage includes HS-851713-Telephone Sets; Smartphones For Cellular Or Other Wireless Networks, ISIC-263-Manufacture of communication equipment, NACE-26.30-Manufacture Of Communication Equipment, NAICS-334220-Radio and television broadcasting and wireless communications equipment manufacturing and UNSPSC-43191501-Mobile phones.
What common market terminology is included?
Common market terminology included in the Smartphones procurement coverage includes Gigabyte (GB) (A commonly used unit to measure memory storage in electronic devices.), 5G LTE (The fifth generation of the Long-Term Evolution wireless communication network.) and Smartphone (A mobile phone that has computing and connectivity capabilities similar to those of a computer.).
What companies are included as top suppliers?
The top companies covered in the Smartphones procurement report as suppliers are Nokia Corp., Lenovo Group Limited, LG Electronics Inc., Sony Corporation and Huawei Technologies Co. Ltd..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Smartphones market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per smartphone, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Smartphones market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Smartphones procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Smartphones market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Smartphones market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Smartphones?
The 2026 benchmark market price for Smartphones is $746 per smartphone. Prices have increased at a CAGR of 4.54 from 2023-26.
Who are the top vendors in the Smartphones market?
The top vendors in the Smartphones market include Nokia Corp., Lenovo Group Limited, LG Electronics Inc., Sony Corporation and Huawei Technologies Co. Ltd..
What industries supply the Smartphones market?
The top industries supplying the Smartphones market are Circuit Board & Electronic Component Manufacturing in the US, Chemical Product Manufacturing in the US, Electronic Part & Equipment Wholesaling in the US, Electrical Equipment Manufacturing in the US, Semiconductor & Circuit Manufacturing in the US and Aluminum Manufacturing in the US.
What is the supply chain risk for Smartphones?
Low vendor risk underpins stable supply and supports flexible sourcing strategies. The financial and operational health of smartphone vendors is robust, with almost no risk of major supplier disruption or bankruptcy. For buyers, this reliability reduces the need for intensive vendor risk management efforts and allows for more strategic, rather than reactive, purchasing decisions. Procurement teams can pursue volume-based deals, explore innovative partnership models, and accelerate purchasing processes due to this lack of default risk,
What factors affect the price of Smartphones?
Because smartphones are consumer products suppliers in the market will often set their prices based on consumer demand for the products. Demand for smartphones is primarily driven by consumer preferences, technological advancements, and brand loyalty, which can give vendors the leverage to raise prices for their smartphones.
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