Market Outlook – Smartphone Shipment Forecast by Priceband (Long term), May 2024 update
Overview:
We expect that both the premium (>$600) and budget-economy ($800 segment. Gen AI in flagship models from major OEMs such as Apple, Samsung, and Huawei will drive the momentum in the premium segment. The budget-economy segment is expected to grow, supported by a recovery of macroeconomy and consumer sentiment in emerging regions in 2024.
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Category
Industry
Smartphone
Report Type
Report
Time period
Quarterly
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Author
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.
