US Smartphone Market Opportunities, Upcoming Trends, Worldwide Industry Expansion, Development History and Future Forecast to 2032.
Market Overview:
US Smartphones Market Size was valued at USD 61.5 Billion in 2022. The Smartphone market industry is projected to grow from USD 62.4 Billion in 2023 to USD 70.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 1.50% during the forecast period (2024 - 2032). The rise in disposable income, the expansion of telecommunications infrastructure, and the emergence of affordable smartphones aimed at budget-conscious consumers are the main market drivers anticipated to propel the smartphone market in the US.
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