The global inflation crisis and the increase in costs in the technology world also affected the purchasing habits of users. According to a new study, general smartphone sales, which have declined until 2024, will rise again starting next year.
Smartphone sales will increase again next year
Global smartphone shipments are expected to grow in 2024 after declining this year, according to a new forecast from market research firm Canalys. An estimated 1.13 billion smartphones will be shipped worldwide this year. However, this figure means a 5 percent decrease compared to 2022.
As economic conditions improve all over the world, shipments are expected to increase by 4 percent in 2024. This shows that the decline will end when it reaches 1.17 billion units. While shipments in the Middle East are expected to increase by 9 percent, a recovery has already been reported in some markets.
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It was stated that users are also willing to spend more to buy new smartphones. Accordingly, average sales prices are currently around $440 worldwide. The Asia-Pacific region is poised to see significant growth as it accounts for 33 percent of smartphone shipments.
On the other hand, it is estimated that Europe will show a 7 percent annual increase in smartphone sales. The company estimates global shipments will reach 1.25 billion units by 2027 as the recovery begins.
In our country, it seems possible that sales will increase with the tax-free smartphone campaign for students. How to buy a tax-free phone If you are wondering the question, you can go to this article.