ENG
Report

Market Monitor - OEM Shipment by Region and Countries, Q3 2024

2
November 15, 2024

Overview: This report is part of a series of reports which track the mobile handset market: Smartphone and Feature Phone shipments every quarter for more than 140 brands covering more than 97% of the total device shipments in the industry. The deliverable includes

  • Single pivot format giving in-depth analysis of global markets
  • 140+ brands now in comparison to 95 brands earlier
  • Break out of three key countries in each region to give a further granular view of the regions
  • 18 countries view as compared to six earlier
  • More visuals and analysis by country and by regions

To quickly summarise:

  • Global smartphone shipments increased by 2% YoY, reaching approximately 307 million units in Q3 2024.
  • Global smartphone revenues rose by 10% YoY, driven by a 7% increase in ASP. Both revenue and ASP hit their highest levels ever for a Q3.
  • Samsung continued to lead the market in terms of shipments, with a 19% volume share.
  • Apple captured a substantial 43% of global smartphone revenue share in Q3, marking its highest-ever revenue, shipments, and Average Selling Prices (ASPs) for a third quarter.
  • Xiaomi ranked third, with revenue growth surpassing shipment growth, while OPPO secured fourth place. vivo recorded the fastest YoY growth among the top five OEMs.

Table of Contents:

  • Introduction
  • Updates
  • Key Takeaways
  • Pivot Chart by Brand
  • Pivot Chart by Geography
  • Global Market by Geography
  • Global
  • Asia Pacific
  • China
  • India
  • Japan
  • Korea
  • Key Asian Countries
  • North America
  • US
  • Canada
  • Europe
  • Western Europe
  • Central and Eastern Europe
  • Key European Countries
  • Central and Latin America
  • Key Central and Latin America Countries
  • Middle East and Africa
  • Key Middle East and Africa Countries
  • Flatfile
  • Definitions
  • Contacts

Published Date: November 2024

Category

Industry

Smartphone

Service

Market Monitor Standard

Report Type

Report

Time Period

Quarterly

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Author

Prachir Singh

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Prachir is a Senior Research Analyst at Counterpoint Research based out of Gurgaon. In Counterpoint, he closely tracks mobile devices and ecosystem. He also tracks Emerging Tech Opportunities. He has a total of 10+ years of experience across various sectors like manufacturing, management consulting, strategy and operations. He is an engineering graduate from Indian Institute of Technology (IIT), Kharagpur.