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: