Digital Lifescapes (2023-06-23)
According to the latest worldwide market study by ABI Research, these conditions have led to weaker demand, but with technical advancements in Artificial Intelligence (AI), Fifth Generation (5G) mobile connectivity, and new form factors, 2023 will be a recovery year for the consumer technology market.
"In smartphones, the replacement cycle followed by the migration to 5G smartphones and eagerness to embrace new form factors like foldable devices will be the main growth drivers for accelerating adoption in 2023," said Sachin Mehta, senior analyst at ABI Research.
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