Canalys: Smartphone market keeps growing for a third quarter in a row

Canalys’s latest market report shows that the smartphone market reached a third consecutive year-on-year growth in Q2 2024. Shipments were 288 million between April and June, 12% more than last year.

Samsung kept the lead in, but its lead over Apple in second is now just 2 percentage points. However it was Xiaomi and Transsion that actually gained the most, the analysts claim.

Both OEMs actively promoted their devices in developing markets such as Asia-Pacific, the Middle East, Africa, and Latin America, and easing inflation is helping them push product upgrades.

Honor, Oppo,…

​ Canalys’s latest market report shows that the smartphone market reached a third consecutive year-on-year growth in Q2 2024. Shipments were 288 million between April and June, 12% more than last year.

Samsung kept the lead in, but its lead over Apple in second is now just 2 percentage points. However it was Xiaomi and Transsion that actually gained the most, the analysts claim.

Both OEMs actively promoted their devices in developing markets such as Asia-Pacific, the Middle East, Africa, and Latin America, and easing inflation is helping them push product upgrades.

Honor, Oppo,…   Read More GSMArena.com – Latest articles