Top 5 smartphone brands in Q3, 2024

Top 5 smartphone brands – Top 5 smartphone brands…

Top 5 smartphone brands – The surge in smartphone…

The surge in smartphone sales has intensified competition among mobile brands, leaving consumers flooded with options.

Business Insider Africa present the top five smartphones brands in Q3, 2024The list is courtesy Canalys global smartphone reportGlobal smartphone shipments grew by 5% year on year in Q3 2024, dominated by five brands

The market growth of some brands are driven by factors which include the adoption of improved technologies like 5G networks and sophisticated AI features in newer models. With numerous brands vying for attention, individuals seek a smartphone that offers the optimal blend of features and affordability.

Mobile brands are facing fierce competition in the market

This has created a dilemma for consumers, as they struggle to navigate the vast array of options. Consequently, mobile brands are facing fierce competition in the market, driving them to innovate, improve, and differentiate their products to stand out in the crowded market.

READ ALSO: Top 5 African countries with the highest number of mobile phones

According to Canalys research, global smartphone shipments grew 5% year on year in Q3 2024, reaching 309.9 million units, the strongest Q3 performance since 2021.

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Since Q3, 2022, the global smartphone market has been dominated by five brands with Samsung and Apple taking the largest market share.

According to Canalys, below are the top five smartphone markets in Q3, 2024;

RankPhone BrandQ3 2024shipments(million)Q3 2024Market Share1Samsung57.519%2Apple54.518%3Xiaomi42.814%4OPPO28.69%5vivo27.29%

The latest Canalys report reveals that the Asia-Pacific region led the way in smartphone market growth, expanding its global market share by 10% year-over-year (YoY) in Q3 2024. Latin America followed closely with a 9% growth, while China and Africa saw more modest increases of 4% and 2%, respectively.

There was a 1% growth in the North American market while the smartphone market share in the Middle East slumped by 1%.
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