INDIA'S SMARTPHONE MARKET SET TO CROSS $50 BILLION IN 2025

India's smartphone market is set to surpass $50 billion in value by 2025, driven by the ongoing trend of premiumisation, according to the latest research from Counterpoint Research.

- RAKESH KUMAR @ New Delhi

S artificial intelligence diffusion accelerates across the enterprise and society at a rate that is faster than any prior technology, 69% of executives believe it brings new urgency to reinvention and how technology systems and the processes it enables are designed, built and operated. New research from Accenture states how the future will be shaped by AI-powered autonomy.

The research also predicts AI will increasingly act as a technology development partner, a personal brand ambassador, power robotic bodies in the physical world, and foster a new symbiotic relationship with people to bring out the best in each other. About seven in 10 business leaders believe that when AI is everywhere, it brings new urgency to enterprise reinvention.

Close to 78% agree that technology systems will need to be built for AI agents as much as humans. The Accenture Technology Vision 2025 explores the future as AI-powered autonomy takes shape and ripples across all dimensions. "Our 25th Technology Vision gives leaders a look into what's ahead when AI continuously learns, acts autonomously with and on behalf of people, and pushes enterprises and the people who use it into new and exciting ways to continuously reinvent," said Julie Sweet, chair and CEO, Accenture.

"But unlocking the benefits of AI will only be possible if leaders seize the opportunity to inject and develop trust in its performance and outcomes in a systematic manner so businesses and people can unlock AI's incredible possibilities," she added.