Global Smartphone Shipments by Manufacturer, Q3 2024

Economics & Macro

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Nabilah Muhamad 15/10/2024 12:49 WIB

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According to IDC data, global smartphone shipments increased by 4% to 316.1 million units in Q3 2024. This was driven by growth from Chinese smartphone manufacturers.

Global Smartphone Shipment Volume (Q3 2024)

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Global Smartphone Shipment Volume (Q3 2024)

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According to a report by the International Data Corporation (IDC), global smartphone shipments reached 316.1 million units in the third quarter of 2024. This represents a 4% increase year-on-year (YoY).

IDC notes that this growth marks five consecutive quarters of positive performance, indicating a strong second half of the year.

“Driven by strong growth from Chinese manufacturers such as vivo, OPPO, Xiaomi, Lenovo, and Huawei, the smartphone market has shown resilience despite global economic headwinds,” said Will Wong, Senior Research Manager, AP Client Devices, in a press release on Monday, October 14, 2024.

Samsung captured an 18.3% share of the global smartphone market with shipments of 57.8 million units in Q3 2024, a 2.8% YoY correction.

However, the South Korean manufacturer maintained its leadership in the premium segment with its Galaxy series, featuring artificial intelligence (AI) capabilities.

Apple ranked second, with smartphone shipments growing by 3.5% YoY to 56 million units this quarter.

“This was driven by strong demand for previous models and the launch of the new iPhone 16 series,” said Nabila Popal, Research Director, Worldwide Client Devices, IDC.

Xiaomi smartphone shipments increased by 3.3% YoY to 42.8 million units, OPPO rose by 5.9% YoY to 28.8 million units, and Vivo surged by 22.8% YoY to 27 million units.

Combined shipments from other smartphone brands reached 103.7 million units, a 4.1% YoY increase.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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