The Australia Smartphones Market: Trends and Future Outlook

Thu, 10 Oct 2024 10:32:54 +0000

The Australia smartphones market size, valued at nearly AUD 8.41 billion in 2023, is projected to experience substantial growth, driven by the growing demand for premium smartphones among consumers. With the increasing integration of generative AI tools into smartphones, the industry is expected to grow at a robust CAGR of 2.00% from 2024 to 2032. By 2032, the market is anticipated to reach around AUD 10.05 billion, reflecting rising consumer appeal for iOS smartphones, driven by the rapid expansion of e-commerce channels.