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Global smartphone shipments are poised to rebound by 3% in 2024, as per a report by Counterpoint Research, fueled by a resurgence in demand in emerging markets and the integration of generative AI in premium devices. However, the easing of inflation is expected to drive a recovery, particularly in regions like India, the Middle East, and Africa, which are anticipated to be key growth catalysts, especially for budget smartphones. Phones priced between USD 150 and USD 249 are likely to benefit from improved economic conditions and currency stabilization in areas such as Africa. The adoption of advanced generative AI technology and the growing popularity of foldable phones are driving demand in this category. Apple and Huawei are anticipated to emerge as key players in the premium market, with Apple expected to leverage steady demand for iPhones in emerging markets. Read more in our articles including "Smartphone markets set to bounce back in 2024" and "New Paramount offer challenges Netflix’s Warner Bros. deal".

More About phones in 2024

Frequently Asked Questions

What is phones in 2024?

Global smartphone shipments are poised to rebound by 3% in 2024, as per a report by Counterpoint Research, fueled by a resurgence in demand in emerging markets and the integration of generative AI in premium devices. However, the easing of inflation is expected to drive a recovery, particularly in regions like India, the Middle East, and Africa, which are anticipated to be key growth catalysts, especially for budget smartphones.

What have you covered about phones in 2024?

Phones priced between USD 150 and USD 249 are likely to benefit from improved economic conditions and currency stabilization in areas such as Africa. The adoption of advanced generative AI technology and the growing popularity of foldable phones are driving demand in this category. Apple and Huawei are anticipated to emerge as key players in the premium market, with Apple expected to leverage steady demand for iPhones in emerging markets.

Where can I find articles about phones in 2024?

Our coverage of phones in 2024 includes: "Smartphone markets set to bounce back in 2024"; "New Paramount offer challenges Netflix’s Warner Bros. deal"; "BIR collects over PHP 7 billion from digital services VAT". Each article provides unique insights and information.