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The global smartphone market will grow again in 2024. Helping Foldable Devices and Generative Artificial Intelligence – Equipment

The global smartphone market will grow again in 2024. Helping Foldable Devices and Generative Artificial Intelligence – Equipment

After less positive times, 2024 will be the year of return to growth in the smartphone market, according to IDC forecasts. The consulting company expects 1.2 billion devices to be distributed, a number that represents growth of 2.8%.

He says the increase in smartphone deliveries is expected to continue at single-digit growth rates through 2028. Although global volumes are still below pre-pandemic levels, IDC believes the market has corrected its course and is moving forwardafter reaching the bottom.

Courses Device replacement and increased demand in emerging markets They are presented as key drivers of global market recovery, however Modern technological developments It brought a new lease of life to the smartphone space.

IDC highlights the speed at which Look for foldable smartphones I slept, with a He expected an annual increase of 37% and remittances to reach 25 million In 2024. There is also artificial intelligence (AI), which is quickly becoming part of the smartphone world, which is awakening Interest in the experiences that generative AI can bring to mobile devices.

Tech IDC

IDC global smartphone forecast

Credits: IDC

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IDC global smartphone forecast Credits: IDC

“While total smartphone shipments are still below pre-pandemic levels, the good news is that Consumers are willing to pay more for their phonessays Nabila Popal, research director for mobile and consumer tracking devices at IDC. “This will be further enhanced by innovations in foldable devices and the idea of ​​next-generation in-device AI.”

Expectations indicate this 170 million next-generation AI smartphones will be sold by 2024a value that will represent approximately 15% of the total smartphone market, surpassing even personal computers equipped with artificial intelligence technology.

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