As per the new report, the adoption of Generative Artificial Intelligence (GenAI) in smartphones is expected to reach 11% by 2024 and will further surge to 43% by 2027. This growth trajectory indicates a fourfold increase, surpassing 550 million units by 2027.
In 2023, the smartphone market in India has been experiencing a lack of growth, on the other hand, Apple has achieved a significant milestone by surpassing the 10-million-unit mark in shipments.
As per the report, smartphone shipment has gone down to 6 per cent, as compared to 2021. Xiaomi stood on top of smartphone shipment, followed by Samsung, Vivo, Oppo and realme- taking the top 5 positions. Analyst has said that the entry-level device contribution has declined due to inflation.
Samsung is reportedly planning to launch its upcoming 'Galaxy S22' flagship series of smartphone early in 2022. However, a new rumour states that the handsets might probably release later than the stipulated timeline.
Xiaomi leads India smartphone shipments in Q3 2018
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