AI Advancements and Discounts Drive 6% Growth in Global Smartphone Market

Monday, 15 July 2024, 09:40

The global smartphone market witnessed a 6% growth driven by advancements in artificial intelligence (AI) and attractive discounts. Market data reveals a notable recovery of the iPhone since March, showcasing the impact of AI technologies on consumer demand. With the increasing integration of AI in smartphones and pricing strategies fueled by discounts, the market is experiencing significant growth.

Arabianbusiness — AI Advancements and Discounts Drive 6% Growth in Global Smartphone Market

Global Smartphone Market Growth

The latest market data highlights a 6% increase in the global smartphone market, attributing the growth to various factors.

AI Advancements Impact

Artificial intelligence (AI) technologies play a key role in driving consumer demand for smartphones, as evidenced by the recent recovery of the iPhone since March.

Discount Strategies

Attractive discounts offered by manufacturers further contribute to the growth trajectory of the smartphone market.

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.