World smartphone shipments grew 5 % year-over-year (YoY) within the third quarter (Q3) of 2024, in accordance with a report by a market analysis agency. Samsung maintained its place as the unique gear producer with the very best proportion of models shipped, whereas Apple and Xiaomi held onto their rankings from the final quarter. Nonetheless, all three of them registered marginal drops out there share. The evaluation suggests Vivo additionally recorded a optimistic end to the quarter.
World Smartphone Shipments in Q3 2024
A report by market evaluation agency Canalys reveals Samsung recorded an 18 % share in smartphone shipments in Q3 2024, serving to it obtain the highest spot. The South Korean expertise conglomerate misplaced a 3 % market share YoY. The identical goes for Apple, which registered a 17 % market share on this quarter, in comparison with its 18 % share similar time final 12 months. The iPhone maker completed the quarter with the second most shipments.
As per Canalys, that is Apple’s third-highest quarter quantity thus far. Some contributing elements to the general progress of the Cupertino-based tech large embody sturdy demand for the iPhone 15 sequence and former fashions. The evaluation emphasised a market shift in direction of premium units, particularly in Apple’s strong-hold areas like Europe and North America. It’s advised that Apple’s newest smartphone lineup — the iPhone 16 sequence — might not solely assist it to a powerful end in This autumn 2024 but in addition carry the second within the first half (H1) of 2025.
In the meantime, Xiaomi and Oppo grabbed the third and fourth spots on the record with 14 and 9 % market shares, respectively. The latter was helped by its sturdy efficiency in Indian and Latin American markets, as per the evaluation. Vivo recorded double-digit progress in shipments and rounded up the highest 5, ending with a 9 % market share.
Canalys reviews that whereas the general market circumstances are bettering, the demand for units stays fragile. This is because of world challenges together with demand technology and regulatory hurdles.
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