Our Q3 2024 Market Monitor report has been published. We release one infographic each quarter to summarize the smartphone market activities in a single page. Some quick observations on the smartphone market:
- Global smartphone shipments increased by 2% YoY in Q3 2024.
- Global smartphone revenues rose 10% YoY, driven by a 7% increase in ASP. Both revenue and ASP hit their highest levels ever for Q3.
- Samsung retained the top position globally with a 19% volume share.
- Apple led in terms of revenues and recorded its highest-ever shipments, revenues and ASPs for a third quarter (calendar year).
- Xiaomi came in third with its revenue growth outpacing its shipments growth. OPPO took the #4 spot.
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.
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