Infographic: Q1 2024 | Smartphones | Mobile Market Monitor

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May 28, 2024

Our Q1 2024 Market Monitor report has been published. We release one infographic each quarter to summarize the global smartphone market activities in a single page.

Some quick observations on the smartphone market:

  • The global smartphone market grew 6% YoY to reach 296.9 million unit shipments in Q1 2024.
  • Samsung dethroned Apple to become the top smartphone player globally, capturing a 20% shipment share.
  • Although Apple’s shipments declined 13% YoY, however, the brand’s ASP grew to a record first-quarter high driven by improved performance of the Pro models.
  • Among the top five OEMs, Xiaomi grew the fastest, registering 34% YoY shipment growth.
  • Global smartphone revenues also grew 7% YoY, hitting highest-ever for a first quarter.

Use the button below to download the high resolution PDF of the infographic:

Summary

Published

May 28, 2024

Author

Team Counterpoint

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.