Smartphone Market: Not Dead Yet

PCMag.com Breaking News, PCMag.com
Thu, 04/27/2017 - 12:26pm

Chinese phone makers like Huawei, Oppo, and Vivo drove first quarter growth, IDC says.

Topics: huawei oppo vivo idc

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An important lesson learned from the smartphone market in 2023
Canalys forecasts a 4% expansion in the global smartphone market in 2024, driven primarily by emerging market economies and renewed consumer spending. This growth is further bolstered by a revival in market conditions.
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Global Smartphone Market Share: Quarterly
The global smartphone market declined by 18% YoY to reach 304 million units in Q4 2022. Apple replaced Samsung as the top smartphone player in Q4 2022, driven by the recent launch of the iPhone 14 series. Apple market share for Q4 2022 was 23% followed by Samsung market share of 19%.
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Global smartphones sell-through declined 8% YoY and 5% QoQ in Q2 2023. Samsung led the quarter with healthy A-series demand as Xiaomi and vivo faced headwinds. Apple came in second with its share growing to 17% despite unfavorable seasonal factors.
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Smartphone Market: Not Dead Yet

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