IDC Expects GenAI Handsets Will See Significant Growth Through 2028
Generative AI (GenAI) smartphone shipments are expected to grow 363.6% year over year in 2024 to 234.2 million handsets, or 19% of the smartphone market, IDC said Tuesday. Growth is expected to continue at a compound annual rate of 78.4%…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
through 2028. "GenAI smartphones are inevitable and look to be the next big thing the industry has to offer consumers," said Anthony Scarsella, IDC research director-mobile phones. “Despite the challenges of elongated refresh cycles and macroeconomic uncertainties, GenAI capabilities on the smartphone will drive upgrades and represent a significant opportunity for both vendors and application developers alike,” IDC said.