New Delhi | Last year, the country’s offline telecom market grew by 36% in terms of value. That is, the number of smartphones, wearables and TWS mobile headsets sold through stores and shops in 2022 was 36% more than these products sold in 2021. Interestingly, according to data from market intelligence firm, GfK, the global telecom market registered a decline of 9.7% last year. In the report of GfK that came on Thursday, it has also been estimated that the telecom market will remain almost stable this year.

However, some value-driven growth could be seen. It has been said in this report that unlike the markets around the world, the Indian telecom market has performed strongly. In 2022, the income of Indian telecom market companies increased by more than 10%. GFK Telecom expert Karthik Vasudevan said, “The telecom market in big cities is growing. But with changing needs and changing lifestyles, tier-3 cities are witnessing a rapid adoption of smart devices.