Key Highlights :
1. Sales of smartphones, wearables, and TWS headsets in India grew by 36% in 2022 even as global revenue in the three segments shrunk by 9.7%.
2. Demand for premium devices grew while 5G devices accounted for 44% of the revenue in the smartphone segment last year.
3. The report also forecasts that 2023 will be much more stable for the Indian market in terms of value-driven growth as compared to last year.
4. Demand for health-tracking sensors will drive the market.
GfK report shows that demand for smartphones, wearables, and TWS headsets in India is growing, even as global revenue in these segments shrinks.
Continue Reading at Source : livemint