World smartphone shipments are up by 11% in Q1 of 2024 as per the most recent Canalys report. Shopper demand has picked up momentum because of the extra favorable financial local weather.
Samsung regained the highest spot with an estimated 20% market share backed by robust demand for the Galaxy S24 series and its Galaxy AI. Apple got here in second with a 16% share of the market with lower than stellar demand for its iPhone following a powerful This autumn the place Cupertino topped the charts. Xiaomi rounded off the top-three podium with a 14% share of the market because of strong demand for its Redmi sequence within the entry-level section.
Transsion Holdings which owns the Tecno, Infinix, and itel manufacturers made the biggest leap and now stands at fourth place with an estimated 10% of world smartphone shipments. Oppo got here in fifth place with 8% of the worldwide smartphone market.
Wanting forward, Canalys expects distributors to discover their choices in rising areas together with Latin America and Southeast Asia with rising demand for smartphones and high-end gadgets.
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