The global smartphone market is off to a strong start in 2024, with growth of 11% in the first quarter

According to the latest report released by Canalys, a global third-party technology market analysis agency, with the recovery of the global macro economy and the rebound in consumer demand, global smartphone shipments will increase by 11% year-on-year in the first quarter of 2024. Driven by Galaxy AI, Samsung returned to the top spot with a 20% market share.

Apple ranks second with a market share of 16% and faces challenges in its strategic key markets. Due to the competitive advantage of Xiaomi's new popular model Redmi A3, it ranks third with a market share of 14%.

Transsion ranks fourth with a market share of 10%, and OPPO ranks in the top five with a market share of 8%.

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