News > Global smartphone market set for 3% rebound in 2024: Report
Global smartphone market set for 3% rebound in 2024: Report
28/03/2024 08:49 PM | Click to read full article
The expected recovery is attributed to several factors, including easing inflation, robust demand in emerging markets and the integration of generative AI technology in premium devices. In contrast to the previous year's decline of more than 4 per cent, the market is expected to see renewed growth. Emerging markets such as India, the Middle East, and Africa are identified as key drivers of growth, particularly in the budget-economy segment.
