Market Outlook - Handset Shipment Forecast by OEM Region, August 2024 update
Overview:
The signs of growth in the global smartphone market, seen since late 2023, extended to Q2 2024, which became the third consecutive growth quarter with 8% YoY growth. Most regions registered growth thanks to improving consumer sentiment and macroeconomic conditions. We are optimistic about the positive momentum continuing through H2 2024 despite ongoing wars in Europe and the Middle East. Consequently, we expect the smartphone market to grow annually by 5% in 2024 globally.
Table of Contents:
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Category
Industry
Smartphone
Report Type
Report
Time period
Quarterly
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Author
Team Counterpoint
Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.
