Global premium smartphone market expected to see 6% YoY growth in 2023

The global premium smartphone market’s sales are likely to grow 6% YoY in 2023 to hit a new record, according to Counterpoint Research’s Market Pusle Service. The research includes smartphones having a wholesale price of ≥ USD 600 (Rs. 50,000 approx.). Interestingly, the volume growth in 2023 is 3X more compared to 2016.

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