July and August witnessed single-digit growth with early festive stocking failing to boost sales, remaining stagnant during the first half of 2023.
"As demand softens in the latter half of the quarter (post-Diwali) brands may face excess inventory challenges. Hence, the outlook for 2023 is flat or low a single-digit decline. Next year, we will see affordable 5G and foldable phones at the mid to premium end, but inflationary stress and longer refresh cycles may limit annual market growth in 2024," said Navkendar Singh, assistant vice- president, devices research, International Data Corp.
هذه القصة مأخوذة من طبعة November 08, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 08, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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