Pakistan’s mobile manufacturing industry is thriving! 🚀 In 2024, local assembling plants produced a record 31.4 million mobile phones, marking an impressive 47% year-over-year (YoY) growth compared to 2023.
📊 A Month and Quarter of Growth
According to the Pakistan Telecommunication Authority (PTA), the country’s local mobile companies assembled:
- 2.95 million units in December 2024 – a 28% increase month-over-month (MoM).
- 8.79 million units in Q4 2024 – a 67% jump quarter-over-quarter (QoQ) from 5.25 million units in Q3 2024.
These figures highlight a consistent upward trend in local mobile production.
🔥 Why Is Pakistan’s Mobile Industry Thriving?
Several factors have fueled this rapid growth:
✅ Import Restrictions: Government policies limiting mobile imports encouraged local manufacturing. ✅ Higher Taxes on Imported Phones: Buyers turned to locally assembled alternatives due to increased import taxes. ✅ Economic Recovery: A recovering economy boosted consumer spending on mobile devices. ✅ Rising Demand: With a growing population and increasing smartphone penetration, demand soared.
📱 Smart vs. 2G: The Market Breakdown
Out of the 31.4 million locally assembled mobile phones:
- 59% (18.64 million units) were smartphones 📲.
- 41% (12.74 million units) were 2G feature phones 📞.
This shift towards smartphones suggests a growing digital transformation in Pakistan!
🇵🇰 Meeting Local Demand Like Never Before!
In 2024, 95% of Pakistan’s mobile phone demand was met through local production. This is a massive leap from:
📈 67% average (2019-2023) 📈 47% average (2016-2023)
These figures demonstrate Pakistan’s increasing self-reliance in the mobile sector.
🔮 What’s Next for Pakistan’s Mobile Industry?
With government support, continued investment in local manufacturing, and a tech-savvy consumer base, the future looks bright for Pakistan’s mobile industry! 🌟