2023 Smartphone Shipments to Remain Flat on Macro Woes While Replacement Rates Hit Record This Year
The global smartphone market will see 2% YoY growth in 2023, according to Counterpoint’s Market Outlook Service. The latest forecast has been revised downwards from the previous forecast of 6% YoY growth in 2023, as macroeconomic headwinds and consumer weakness continue to pressure the smartphone sector. It is expected to continue underperforming through H1 2023 and only start to … Read more