Egypt’s mobile phone market is on track for significant growth, with its value expected to rise from USD 2.5 billion in 2025 to more than USD 4.8 billion by 2031, according to a recent report by Fitch Solutions. This expansion represents an annual growth rate of about 11.4%.
The surge is being fueled by the rapid development of local handset assembly plants, supported by government policies aimed at strengthening domestic manufacturing and reducing reliance on imports. By assembling devices within the country, costs are lowered, making smartphones more affordable and accessible for Egyptian consumers.
Major global brands, including Samsung, Oppo, Vivo, Xiaomi, and Nokia, have already set up assembly operations in Egypt. On the local side, SICO made history by launching the Nile X in 2019, becoming the first Egyptian company to manufacture smartphones domestically.
This growth not only positions Egypt as a regional hub for mobile production but also supports the broader goals of the Digital Egypt 2030 strategy, which emphasizes digital inclusion, economic transformation, and technology-led development.
With rising demand for affordable smartphones and expanding local production capacity, Egypt’s handset market is expected to play a pivotal role in driving the country’s digital economy in the years ahead.
