The smartphone market is recovering in 2024 with a 4% growth year-over-year, driven by reduced economic pressure and the introduction of AI-powered features.
Samsung leads the market with a 19% share, mainly due to strong demand for the Galaxy S24 series and A series models, particularly in Western Europe and the US.
Apple, while in second place, experienced a 2% decline in overall sales due to the iPhone 16 series underperforming, yet premium models 16 Pro and Pro Max boosted revenue.
Consumers are increasingly gravitating toward premium smartphones, leading to rising average selling prices, especially in the above $1,000 bracket, which has shown the fastest growth.
Collection
[
|
...
]