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Global smartphone market grows by 5%

, by Dennis Kluge

Canalys has just published a new report.

Latest research from Canalys shows that global smartphone shipments grew 5% year on year in Q3 2024, marking a fourth consecutive quarter of growth. The current growth is primarily driven by resilient demand in emerging economies alongside the early stages of a replacement cycle in North America, China and Europe.

It is very easy to see how the trend has been upwards since Q3/23.

Development of the smartphone market in the last few quarters.

The latest figures show that Apple and Samsung have roughly the same market share.

Mobile is and remains the most important e-commerce channel, especially in the B2C sector.

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