Overview: The global smartphone market is maturing. 2023 was a tough year for the market, shipments were the lowest in a decade. After facing nine consecutive quarters of YoY decline, the market finally started showing signs of recovery and the market grew YoY for four consecutive quarters starting from Q4 2023 through Q3 2024.
This report analyses key trends in the global smartphone market in 2024 and analysis some of the key trends to look out for in 2025.
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