Global smartphone shipments to hit lowest level in decade this year ...Middle East

New Delhi: Global smartphone shipments in 2023 are projected to decline 5 per cent (year-on-year) to reach 1.2 billion, the lowest level in almost a decade, a new report showed on Thursday. However, the shipments are expected to increase by 3 per cent YoY in the fourth quarter this year to reach 312 million units, according to Counterpoint Research. North America (NAM) and Europe’s shipments are expected to remain stagnant. However, China and emerging markets such as the Middle East and Africa (MEA) and India have managed to break out from their declines and will recover to become the new drivers of growth in the smartphone market from Q4 2023 onwards. “India, maintaining its momentum for

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Last updated : 30 Nov 2023 clock 04:36 PM

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Global smartphone shipments to hit lowest level in decade this year ...Middle East

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