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Can Google Take Over the Premium Smartphone Market in India? 🌟 The market for high-end smartphones in India is growing quickly, and it appears that Google is preparing to take advantage of this. Google is taking big risks with the introduction of the Pixel 9 series and the start of local production. But can Google really take the lead in the industry when well-known companies like Apple and Samsung are already well-established? India's potential was showcased at the recent "Made by Google" event, where Google revealed ambitions to establish exclusive walk-in service centers and to manufacture locally. Google poses an interesting query as it tailors its product lineup to appeal to Indian consumers: Will Google's approach be sufficient to beat rivals and take the lead in India's premium smartphone market? #Pixel9 #PremiumMarket #MadeInIndia #Google #Smartphones #TechInIndia #Innovation

Why India’s Smartphone Market is Set for 7-8% Growth This Year 🌟🚀 In 2024, India’s smartphone market is expected to grow by 7-8%. Why? The buzz around 5G, AI, and premium smartphones is making waves! Here are the highlights: 5G Dominance: 5G smartphone shipments have surged, now making up 82% of the market—49% growth YoY! vivo leads with an 18% market share, and Samsung Electronics follows closely with 17%. Mid-Range to Premium Shift: There’s been a significant move toward high-performance devices, especially in the ₹10,000-₹13,000 range. And premium smartphones (₹25,000+) saw a 26% YoY growth! Consumers are opting for the best tech they can get. Apple’s Rise: Apple recorded a 27% increase in shipments, reflecting India’s growing demand for premium brands. Decline in Feature Phones: Meanwhile, the feature phone market took a hit, with a 14% decline in Q3 and a massive 46% drop in 4G feature phone shipments. The message is clear: as brands bridge tech gaps with affordable 5G and AI devices, Indian consumers are all in! This is a market that values adaptability and innovation, setting up an exciting battleground for top players.

Top 5 smartphone makers by market share in China Smartphone shipments in the Chinese market reached 271 million units in 2023. The figure was 73.63 million units in the fourth quarter of last year, showing an increase of 1.2 percent from the same period of 2022, ending a ten-quarter decline, according to the latest report from market consultancy IDC on Jan 25. Currently, the market demand mainly comes from high-end consumers in first, second, and third-tier cities and the best sellers are the flagship products such as the iPhone 15, Huawei Mate 60, Xiaomi 14 and Vivo X100. In 2023, the market share of high-end smartphones with prices over $600 was 27.4 percent, increasing 3.7 percentage points year-on-year, and low-end smartphones with prices below $200 was 27.5 percent, growing 5.2 percentage points year-on-year in the country. IDC pointed out that while the high-end consumers maintain their purchasing power, more mid-level users begin to upgrade their devices to flagship products to extend the replacement cycle. Creating 5G smartphones at a thousand yuan ($139.74) price point with nice appearance and ensuring smooth performance in social media, shopping and short videos, will attract more low-end consumers, said IDC. Now, let's take a look at the top 5 smartphone makers by market share in China. Tanks to chinadaily.com.cn Please visit: Our Sponsor https://lnkd.in/d-jPP3Qa

🚀 Exciting Time in the Smartphone Industry! 📱 The market share of GenAI-capable smartphones rose to 6% in Q1 2024 from 1.3% in the previous quarter, showcasing rapid adoption and a promising trajectory for future growth. Notably, over 70% of these sales were from premium models priced above $600, indicating strong consumer interest in advanced features. Key highlights: 📱The number of GenAI-capable smartphone models more than doubled from 16 to over 30 in Q1 2024, reflecting growing interest from brands. 📱Samsung’s Galaxy S24 Ultra was the best-selling GenAI-capable smartphone with over 30% market share. Additionally, Samsung held a 58% share of the GenAI segment. 📱Popular GenAI features include chat/note assist, circle to search, and live translation. 📱Chinese brands' focus on their domestic market led China to capture one-third of the global GenAI-capable smartphone market. 📱GenAI-capable smartphones are expected to constitute 11% of the overall smartphone market in 2024. Looking ahead, the anticipated entry of Apple into the GenAI segment with its 2024 iPhone lineup is set to accelerate market growth further. Exciting developments are on the horizon for both consumers and industry players alike! 🌐📈 #TechInnovation #Smartphones #GenAI #MarketTrends #Samsung #Apple #ChinaTech For more insights - https://lnkd.in/gm-CscmX

47.4 million AI-capable smartphones shipped in Q1 2024 Top five AI-capable smartphones shipped in Q1 2024 - Apple iPhone 15 Pro Max Apple iPhone 15 Pro Samsung Electronics Galaxy S24 Ultra Samsung Electronics Galaxy S24 Samsung Electronics Galaxy S24 Plus The share of AI-capable smartphones is forecasted to reach 16% in 2024 and 54% in 2028. The CAGR of shipments is expected to be 63% between 2023 and 2028.   The latest Canalys AI consumer survey reveals that ➡ 24% of consumers have a strong interest in having AI capabilities and features on smartphones. ➡ AI inclination is highest in India and Mainland China. ➡ Privacy and security are the leading concerns with AI as people think of upgrading. ➡ 68% of the current buyers are indifferent pragmatist. Explore key market insights and strategies of Apple, Samsung Electronics, Google, HONOR, Huawei, OPPO, vivo, Xiaomi Technology, Qualcomm, MediaTek, Alibaba Group, Baidu, Inc., and IBM. in our latest 29-page comprehensive AI smartphone report. Get your complimentary report now: https://lnkd.in/g2bs8VFW #AI #consumersurvey #marketinsights #aismartphone #WWDC #ios #Android #GalaxyAI #infographic #smartphone

India estimated to sell 100 MN smartphones in 2H’24, 80% of them to be 5G Here are the key takeaways of our mid-year review of #India #smartphone market. > #5G no longer unique, but essential for all potential buyers. > #AI and #CMF only two sources of sustainable differentiation. > #Foldable #smartphones continue to remain niche, this festive season like to be one of the best for this form factor. > No channel - #online or #offline has significant edge over the other. But both are essential for OEMs to reach to customers. > Smartphone brands need to look beyond the own ecosystem to enhance the economic value of smartphones. > No major change in the market standings expected. After Significant-7 (5+2), we see Emerging-7 on the map. Read the entire mid-year review below in comments section.

For #techtuesday we have global smartphone shipments and how trends are changing across the globe. In FY’23, the total amount of smartphone shipments reached 1.17 billion units worldwide. Apple held a market share of 20.1 percent of the global market whereas Google’s Android held a respectable market share of 70 percent. The global picture of smartphones sales becomes more interesting when one looks at the most shipped phones where Apple reigned supreme last year. Their iPhone 14 Pro Max according to various sources shipped more than 30 million units making it the most shipped phone of the year. And the list of top 10 most shipped phones of 2023 comprises of 7 iPhone models. This could be because of a multitude of reasons, Apples strong hold in emerging markets like India and the global South or because of the fact that iPhones hold a strong value in the second-hand market, to name a few. What doesn’t surprise me at all is Samsung’s A series being the other 3 most shipped phones, not even their flagship offerings could make it to the list. With more and more companies trying to push customers away from the smartphone with AI handhelds or spacial computing headsets, smartphone global shipments paint a different picture. What are your thoughts about smartphone sales and the good ol’ Android vs iOS debate. Which side are you on? Source- Canalys, Statista & Counterpoint Research

🚀 Exciting Times Ahead in the AI Smartphone Market! 🚀 I recently came across a fascinating report from Canalys, shedding light on the future of AI in the smartphone industry. The report highlights significant growth and innovation, emphasizing how AI capabilities are becoming a critical differentiator for smartphone manufacturers. Key takeaways: 📱 AI-powered features are set to revolutionize user experiences. 🌍 Emerging markets will see substantial growth in AI smartphone adoption. 💡 Innovations in AI will drive new opportunities and challenges for the tech industry. As we navigate through these exciting developments, staying updated with such insights is crucial for aligning our strategies and leveraging the potential of AI in our products and services. Check out the full report for a deeper dive into the future of AI smartphones: https://lnkd.in/g2bs8VFW #AISmartphones #TechInnovation #FutureOfTech #MarketInsights #Canalys #Samsung #apple

GenAI-capable smartphones' market share rose to 6% in Q1 2024 from 1.3% in the previous quarter, indicating rapid adoption and potential future market growth. Over 70% of GenAI-capable smartphone sales in Q1 2024 were from premium models (>$600). 📱The number of GenAI-capable smartphone models more than doubled from 16 to over 30 in Q1 2024, reflecting growing interest from brands. 📱Samsung’s Galaxy S24 Ultra was the best-selling GenAI-capable smartphone with over 30% market share. Additionally, Samsung held a 58% share of the GenAI segment. 📱Popular GenAI features include chat/note assist, circle to search, and live translation. 📱Chinese brands' focus on their domestic market led China to capture one-third of the global GenAI-capable smartphone market. 📱GenAI-capable smartphones are expected to constitute 11% of the overall smartphone market in 2024. 📱The anticipated entry of Apple into the GenAI segment with its 2024 iPhone lineup is expected to further drive the market. For more insights - https://lnkd.in/gm-CscmX

GenAI-capable smartphones' market share rose to 6% in Q1 2024 from 1.3% in the previous quarter, indicating rapid adoption and potential future market growth. Over 70% of GenAI-capable smartphone sales in Q1 2024 were from premium models (>$600). 📱The number of GenAI-capable smartphone models more than doubled from 16 to over 30 in Q1 2024, reflecting growing interest from brands. 📱Samsung’s Galaxy S24 Ultra was the best-selling GenAI-capable smartphone with over 30% market share. Additionally, Samsung held a 58% share of the GenAI segment. 📱Popular GenAI features include chat/note assist, circle to search, and live translation. 📱Chinese brands' focus on their domestic market led China to capture one-third of the global GenAI-capable smartphone market. 📱GenAI-capable smartphones are expected to constitute 11% of the overall smartphone market in 2024. 📱The anticipated entry of Apple into the GenAI segment with its 2024 iPhone lineup is expected to further drive the market. For more insights - https://lnkd.in/gm-CscmX