After several consecutive quarters of rapid growth, the Latin America #smartphone market is beginning to stabilize due to a slight slowdown in growth from Chinese brands, and consumer demand could continue to be affected in the near future by current weak economic conditions. See below for additional insights on the LATAM smartphone market, and follow IDC for continued market updates: https://ow.ly/kosW50UscMB
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Latest from Counterpoint Research on the world's largest smartphone market: China 💹 China’s Smartphone Sales Up 6% YoY in Q2 2024 as Demand Recovers 💹vivo solidifies top spot driven by rich product portfolio and strong national distribution network. 💹Apple sees a single-digit YoY decline despite the increase in Pro series’ share. 💹Generative AI features are now making their way into the mid-range, we expect this to tighten competition in Q3 as brands start update cycles on premium models. More here from Archie Qi Zhang and team #China #Smartphone #Apple #Huawei #Honor
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Just Published: MEA Smartphone Shipments Decline 11% YoY in Q3 2024; realme Breaks Into Top 5 - The MEA #smartphone market declined 11% YoY in Q3 2024 due to inventory pile-up from the previous quarter. - Average selling price (ASP) continued to increase, particularly in the $400-and-above price band. - #5G smartphone shipments grew due to lower prices and better product availability. - #realme was tied for fifth place. #Samsung remained the market leader. Link to the full note is in the comment below. #MEA #shipments #research #technology #trends #insights #markets
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Japan’s #smartphone market dropped for the eight consecutive quarter, reaching 7 million units in 1Q24 with a 8.2% YoY decline. Read more here: https://bit.ly/3XrZjUC. Stay on top of smartphone trends in #Japan and other regions with IDC's Worldwide Quarterly Mobile Phone Tracker: https://ow.ly/IJ0850SivT4.
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IDC: Chinese Smartphone Market Surges 8.9% in 2Q24! 📈 📱 🔎 Read more data and insights in our press release: bit.ly/CN-Phones2Q24 #China's #smartphone shipments hit 71.6M units in 2Q24, up 8.9% YoY, marking the third consecutive quarter of growth. Local brands #vivo, #Huawei, and #Xiaomi lead, pushing #Apple to 6th place. The overall #Android market grew by 11.1%, while Apple saw a 3.1% decline. Jacob Zhu Will Wong Nabila Popal Bryan Ma
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#Smartphone #competition is #Europe is going in the wrong direction! It was thought (read hoped) that the decline of Huawei, beginning in 2019, would spark a new era of competition in Europe, spurred on by an influx of new, mostly Chinese, smartphone vendors. Unfortunately, the top three have only gotten stronger: market share commanded by the top three smartphone OEMs has never been higher. This has left the long tail to fight over shrinking scraps of market share. In our recent report, we examine why the top three OEMs in Europe have steadily gained share over recent years, why others have struggled, and whether there is any hope for a reignited competitive landscape in the region in the near future. Link to report in comments.
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Just Published: India’s Smartphone Shipments up 3% YoY in July-Sept, Record Highest-ever Value Key takeaways: - In Q3 2024, India’s #smartphone market achieved its highest-ever value, driven by the ongoing trend of #premiumization. - #Samsung led the market in terms of value with a 23% share, followed by Apple with a 22% share. - vivo reclaimed the top spot with a 19% shipment share, followed by #Xiaomi with 17%. - 5G #smartphones captured their highest-ever share of 81% in the overall #shipments. Link to the full note is in the comment below. #technology #insights #research #trends #markets
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Just Published: India’s Smartphone Shipments up 3% YoY in July-Sept, Record Highest-ever Value Key takeaways: - In Q3 2024, India’s #smartphone market achieved its highest-ever value, driven by the ongoing trend of #premiumization. - #Samsung led the market in terms of value with a 23% share, followed by Apple with a 22% share. - vivo reclaimed the top spot with a 19% shipment share, followed by #Xiaomi with 17%. - 5G #smartphones captured their highest-ever share of 81% in the overall #shipments. Link to the full note is in the comment below. #technology #insights #research #trends #markets
Just Published: India’s Smartphone Shipments up 3% YoY in July-Sept, Record Highest-ever Value Key takeaways: - In Q3 2024, India’s #smartphone market achieved its highest-ever value, driven by the ongoing trend of #premiumization. - #Samsung led the market in terms of value with a 23% share, followed by Apple with a 22% share. - vivo reclaimed the top spot with a 19% shipment share, followed by #Xiaomi with 17%. - 5G #smartphones captured their highest-ever share of 81% in the overall #shipments. Link to the full note is in the comment below. #technology #insights #research #trends #markets
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#Samsung Reigns Supreme in the #Smartphone #Market #Top #Companies by #Global #Smartphone #Market #Share. As of Q2 2024, #Samsung leads the global smartphone market with an 18.9% share, shipping 53.9 million units. #Apple follows at 15.8%, while #Xiaomi holds 14.8%. Despite being the leader for years, Samsung faces competition from Apple and Chinese brands like #Xiaomi, #vivo, and #OPPO. Apple briefly overtook Samsung in 2023 but has seen declining demand in #China. #Xiaomi continues to grow its share steadily. #SmartphoneMarket #Samsung #Apple #Xiaomi #TechIndustry #GlobalMarket #Q22024 #MobileIndustry #TechTrends #MarketShare https://lnkd.in/dKKUhifW
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