In 2024, the growth of the smartphone market was driven by emerging markets such as Africa, the Middle East, and Southeast Asia, while mature markets like North America and Europe lagged behind. This growth was fueled by economic recovery, demographic dividends, and increased technological penetration in these regions.
Which regions drove the growth of the smartphone market in 2024?
Sources:
China’s Q2 Smartphone Shipments Fall 4% as Huawei Takes Lead: IDC
Geely to Acquire Full Ownership of Zeekr in $2.4 Billion Deal
Meta Reportedly Erecting Tents to Accelerate AI Data Center Buildout
Apple to Launch First Foldable iPhone in Late 2026 Using Samsung Display Technology, Says Ming-Chi Kuo
BOE to Seek Review of ITC’s Initial Ruling in Trade Secret Case, Vows Strong Countermeasures
CATL’s Era Intelligent Teams Up With T3 Mobility to Advance Robotaxi Development
Trump Administration Sued by 24 States Over Withheld $6.8 Billion in Education Funding
U.S. Supreme Court Clears Way for Trump Administration’s Education Department Restructuring
Zuckerberg Pledges Hundreds of Billions for Meta’s AI Ambitions
U.S. Launches National Security Probe Into Drone and Polysilicon Imports
