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Canalys: Global smartphone market grows by 11% in Q1, Transsion enters top 4

By Jubair Hossin Babu, 04/16/2024


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Global smartphone shipments are up by 11% in Q1 of 2024 as per the latest Canalys report. Consumer demand has picked up momentum thanks to the more favorable economic climate. Samsung regained the top spot with an estimated 20% market share backed by strong demand for the Galaxy S24 series and its Galaxy AI. Apple came in second with a 16% share of the market with less than stellar demand for its iPhone following a strong Q4 where Cupertino topped the charts. Xiaomi rounded off the top-three podium with a 14% share of the market thanks to solid demand for its Redmi series in the...

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