Apple and Samsung took the no.1 and 2 spot for 2024 market share.
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File photo: iPhone 16 Series |
Apple remains top 1 for two consecutive years
Based on the International Data Corporation's (IDC) report, the smartphone industry finished 2024 with a positive outcome. It said the fourth quarter last year was the 6th straight quarter that recorded higher shipments with 331.7 million devices shipped in the 3-month time which is 2.4 percent higher compared to Q4 2023.
Apple and Samsung remained market leaders, however, both observed a drop in shipments versus the last quarter of 2023. Additionally, Xiaomi secured third place and began to trim the gap with Samsung.
Transsion and vivo are tied for fourth place, as the numbers are too close for IDC to determine a clear winner. vivo experienced a 12.7 percent increase in shipments, the highest growth on the chart, while Transsion saw a slight decline.
Below is the list of the top 5 smartphone vendors for Q4 2024:
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IDC Report: Q4 2024 top five smartphone companies |
1. Apple - 76.9M shipments, 23.20 percent market share
2. Samsung - 51.7M shipments, 15.6 percent market share
3. Xiaomi - 42.7M shipments, 12.9 percent market share
4. Transsion - 27.2M shipments, 8.2 percent market share
4. vivo - 27.1M shipments, 8.2 percent market share
5. Others - 107.1M shipments, 32 percent market share
Total - 331.1M shipments, 100 percent market share
For the full year 2024, the rankings remain largely unchanged. Apple and Samsung continue to lead but posted slightly lower results compared to 2023, while Xiaomi, in third place, had a strong year overall.
Although Transsion faced challenges in Q4, its performance throughout 2024 was solid, with growth comparable to Xiaomi’s. However, it still lags behind in total shipments. Notably, IDC lists OPPO as tied with Transsion for fourth place instead of vivo.
Below is the list of the top 5 smartphone vendors for the whole 2024
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Top 5 smartphone companies based on IDC report |
1. Apple - 232.1M shipments, 18.7 percent market share
2. Samsung - 223.4M shipments, 18 percent market share
3. Xiaomi - 168.5M shipments, 13.6 percent market share
4. Transsion - 106.9M shipments, 8.6 percent market share
4. OPPO - 27.1M shipments, 8.5 percent market share
5. Others - 402.9M shipments, 32.5 percent market share
Total - 1238.8M shipments, 100 percent market share
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