Factors That Potentially Affect Smartphone Market

Nurmyrat Mommayev
Factors That Potentially Affect Smartphone Market
Breakthrough technologies such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) may become mainstream in 2023.

Predicting which phone will be the best-selling in 2023 is difficult given the length of time until the end of the year. However, we can make some forecasts by evaluating patterns in the smartphone business and prior sales data.

To begin with, everyone believes that the smartphone market has significant growth potential. This is due to the increase in Internet connectivity in developing nations and growing demand for mobile devices, which offers new prospects for smartphone producers.

Second, the broad deployment of 5G technology, as well as user desire to adopt the technology, may influence the characteristics of the best-selling phones in 2023. 5G technology will influence user preferences by providing quicker Internet connections and a better user experience.

Furthermore, in 2023, breakthrough technologies such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) may become mainstream. As these technologies spread, smartphone properties may also change.

Finally, typical smartphone attributes like battery life, cameras, and storage capacity may influence user preference. Users may prefer phones with longer battery lives, higher-resolution cameras, and more storage.

Furthermore, the smartphone sector is continuously changing, and the introduction of new technology may impact the market in spontaneous ways. Nonetheless, the aforementioned developments may have a significant impact on the characteristics of the best-selling phones in 2023.

Nurmyrat Mommayev,

PhD Candidate at Marmara University's Department of Political Science and International Relations in Istanbul, Türkiye

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2022