CHART: Worldwide Smartphone Market Forecast in 2024
Early 2024 has already shown promise, with 12% growth in Q1 and 9% in Q2, sparking optimism for a continued upward trend throughout the year.
- Global smartphone shipments are forecasted to grow 5.8% in 2024, reaching 1.23 billion units.
- Android devices are expected to grow 7.1% outpacing iOS growth of 0.8%.
- Generative AI (GenAI) smartphones are expected to see a 344% growth, capturing 18% of the market by the end of 2024.