Global smartphone market grows 11% in Q1 2024 – Canalys

According to Canalys' latest research, worldwide smartphone shipments grew 11% year on year in the first quarter of 2024 as consumer demand momentum picked up along with the global macroeconomic recovery. Samsung regained the top spot with a 20% share, driven by positive sentiment from the introduction of Galaxy AI. Apple came second with a 16% market share, facing headwinds in strategic markets. Xiaomi took third place, boasting a 14% market share as its competitive volume driver, the newly launched Redmi A3, gained traction. TRANSSION held fourth place with a 10% share, while OPPO completed the top five with 8%.

Read the full press release here.

Canalys