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What Age Groups Own What Type of Smartphone?

By PaymentsJournal
April 2, 2020
in Credit, Debit, Mobile Banking, Mobile Payments, Truth In Data
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Smartphones have become the primary gateway to digital banking, mobile payments, and online commerce—but adoption and device preferences still vary significantly by generation. Understanding who uses iPhones versus Android devices provides valuable insight into how consumers interact with financial services, digital wallets, and fraud prevention technologies.

In this episode of Truth In Data, we examine findings from Mercator Advisory Group’s 2019 U.S. PaymentsInsights – Technology and Fraud: Consumer Concern Is Real report, exploring smartphone ownership across age groups and what these trends mean for payments, technology adoption, and consumer engagement.

Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left corner of your screen to receive notifications as soon as the episode publishes.

Data for today’s episode is provided by Mercator Advisory Group’s report – 2019 U.S. PaymentsInsights – Technology and Fraud: Consumer Concern Is Real.

What age groups own what type of smartphone?

  • Predictably, Apple iPhones have a commanding lead among 18-34 yr olds: 58% use iPhone vs. 42% Android
  • Generation X flips this dynamic: 38% of 35-54 year olds use iPhone vs. 56% use Android
  • Android also takes the lead in 55+ yr olds: 28% use iPhone vs. 47% Android
  • Ownership of smartphones is virtually universal, with the exception of those over 55 yrs old
  • Only 75% of U.S. consumers 55+ years old own a smartphone
  • Total smartphone ownership is over 87% of U.S. consumers
  • 95% of U.S. consumers aged 18-34 own a smartphone

About Report

Mercator Advisory Group’s most recent consumer survey report, Technology and Fraud: Consumer Concern Is Real, from the bi-annual North American PaymentsInsights series, takes an in-depth look at U.S. consumers’ current perspectives on technology and fraud.

This report explores how technology and fraud impact consumers lives and, in particular, the way they shop and pay for things. This includes detail on not only what they do but also how they feel about these two important consumer issues.

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Tags: Smartphone

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