The latest report predicts that global smartphone shipments will grow by 3% this year due to the lack of inflation.emerging marketsThe increasing demand and inclusion of Generative Artificial Intelligence (Aye) function will increase gas purchases for high-end equipment.

Counterpoint Research Company released a report on the 28th, predicting that global smartphone shipments will grow by 3% this year to 1.2 billion units, reversing last year’s decline of more than 4%.IndiaEmerging markets such as China, the Middle East and Africa serve as key growth engines, especially for affordable devices.

Shipments of affordable smartphones priced between US$150 and US$249 are expected to grow by 11% this year, led by markets in India, the Middle East and Africa, and the Caribbean and Latin America. As inflationary pressures have largely subsided across Africa, currency exchange rates have stabilized in many countries, and consumer purchasing power has improved. Furthermore, competition from Chinese companies such as Oppo, Vivo and Xiaomi has intensified, and information technology (IT) equipment has improved. There was a rebound, making prices affordable for everyone. Mobile phone sector.

Shipments of high-end smartphones priced between US$600 and US$799 are expected to increase by 17% this year, and shipments of models priced above US$800 are also expected to increase by 3% . The driving force behind this comes from the allure of incorporating generative AI and the popularity of foldable phones. Both Apple and Huawei are expected to be winners. Apple will benefit from steady iPhone demand (especially in emerging markets), while Huawei is expected to maintain a strong market share in China.

Finance(TagstoTranslate)Emerging Markets(T)India(T)AI