Report Predicts 3% Growth in Global Smartphone Shipments for 2024

Thursday, 28 March 2024, 11:09

The global smartphone market is poised to bounce back with a 3% increase this year, fueled by easing inflation in emerging markets and the popularity of generative AI in premium devices. Counterpoint Research's report highlights the positive outlook for the industry, expecting a surge in demand and adoption of advanced technologies.

Global Smartphone Market Recovery in 2024

Global smartphone shipments are projected to increase by 3% this year, driven by various factors including improving economic conditions in emerging markets and the appeal of generative AI in high-end devices. This growth trend is a promising indicator for the industry's resilience and adaptability in the face of challenging circumstances.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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