Gadgets with AI options anticipated to account for 18% of the market by the top of 2024
Commerce
Market researcher IDC expects the variety of smartphones offered worldwide to extend 5.8% this 12 months. An earlier estimate nonetheless assumed 4% development. AI appears to be the principle development engine.
The analysis agency predicts that 1.23 billion smartphones shall be offered worldwide in 2024; a rise of 5.8% in comparison with 2023.
The largest enhance issues the variety of Android gadgets offered, with a development of seven.1%. For iPhones, it’s a projected enhance of 0.8%. Apple scores much less as a result of rising competitors in China.
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In accordance with the analysis agency, the arrival of latest AI options to gadgets is spurring extra shoppers to purchase a brand new smartphone. IDC predicts that smartphones with AI options will account for 18% of the smartphone market by the top of 2024.