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India’s Smartphone Market Forecasted to Grow 7-8% in 2024 Amid Rising Demand

India’s Smartphone Market Forecasted to Grow 7-8% in 2024 Amid Rising Demand

India's smartphone market is projected to grow by 7-8% in 2024, driven by increasing consumer demand and a preference for mid-to-premium segment devices. This growth is supported by expanding digital adoption, affordable data services, and government initiatives. Industry experts predict that premium smartphones and 5G adoption will continue to shape the market, bolstering India’s position as one of the fastest-growing smartphone markets globally.

Read full story at Economic Times

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