Infographic: Q1 2024 | Smartphones | Mobile Market Monitor

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:

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Team Counterpoint

Counterpoint Research is a global industry and market research firm providing market data, intelligence, thought leadership and consulting across the technology ecosystem. We advise a diverse range of global clients spanning the supply chain – from chipmakers, component suppliers, manufacturers and software and application developers to service providers, channel players and investors. Our veteran team of analysts serve these clients through our offices located across the key innovation hubs, manufacturing clusters and commercial centers globally. Our analysts consistently engage with C-suite through to strategy, market intelligence, supply chain, R&D, product management, marketing, sales and others across the organization. Counterpoint’s key coverage areas: AI, Automotive, Cloud, Connectivity, Consumer Electronics, Displays, eSIM, IoT, Location Platforms, Macroeconomics, Manufacturing, Networks & Infra, Semiconductors, Smartphones and Wearables.