As 2023 slowly comes to an end, Canalys issued a forecast report that looks at the estimated global smartphone shipments for this year and the following four years. The good news for vendors is that 2023 will see some recovery in markets like Latin America (2%), Africa (3%) and the Middle East (9%) with an estimated 1.13 billion global smartphone shipments for 2023 and a 5% decline compared to 2022.
The trend is only expected to improve in 2024 with an estimated 1.17 billion smartphone shipments for next year which would represent a 4% annual growth compared to the values for…
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