Canalys: Global smartphone market grows by 11% in Q1, Transsion enters top 4
Global smartphone shipments are up by 11% in Q1 of 2024 as per the latest Canalys report. Consumer demand has picked up momentum thanks to the more favorable economic climate.
Samsung regained the top spot with an estimated 20% market share backed by strong demand for the Galaxy S24 series and its Galaxy AI. Apple came in second with a 16% share of the market with less than stellar demand for its iPhone following a strong Q4 where Cupertino topped the charts. Xiaomi rounded off the top-three podium with a 14% share of the market thanks to solid demand for its Redmi series in the entry-level segment.
Transsion Holdings which owns the Tecno, Infinix, and itel brands made the largest leap and now stands at fourth place with an estimated 10% of global smartphone shipments. Oppo came in fifth place with 8% of the global smartphone market.
Looking ahead, Canalys expects vendors to explore their options in emerging regions including Latin America and Southeast Asia with rising demand for smartphones and high-end devices.
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Reader comments
- DarlingYext
- 17 Apr 2024
- 6mM
"Whataboutism? Nice! Ye right, does any mobile phone brand/company in the world did like this intentionally?" Using "big words" now in order to go defensive? Sure call it whatever you want, I just made an example of another c...
- Supus
- 17 Apr 2024
- 0x%
Whataboutism? Nice! Ye right, does any mobile phone brand/company in the world did like this intentionally? "Triada malware installs a piece of code known as xHelper onto compromised devices, automatically subscribing users without their knowl...
- DarlingYext
- 16 Apr 2024
- 6mM
Oh, I remember that, and I also know for a fact as an Infinix user that that isn't an issue any longer, and hasn't been in the past 4+ years. On the other hand I also remember Samsung and their Note 7. Does anyone care about that anymo...
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