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Samsung holds lead in global smartphone market with 57.5m shipments in Q3 2024

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Samsung continues to dominate the global smartphone market, securing its leading position with a record-breaking 57.5 million units shipped in Q3 of 2024. According to recent data from Canalys, a globally acknowledged analyst firm, the global smartphone market saw a positive year-on-year growth of 5%, totaling 309.9 million units in shipments. This records the strongest Q3 performance since 2021, fundamentally driven by increased consumer demand and a wave of new product launches across the industry.

Renowned for delivering high-quality data assessment, Canalys helps industry professionals worldwide chart upcoming trends with precision and authority. Following their assessment, Samsung’s success in Q3 can be attributed to its streamlined and efficient entry-level lineup, designed to offer customers more value at an accessible price point. With an impressive portfolio of Galaxy devices designed to serve a broad audience base and diverse preferences, Samsung has effectively positioned and sustained its position as the leader.

Much of this can be attributed to Samsung’s integration of artificial intelligence into its devices; the Galaxy AI. Galaxy AI has been instrumental in expanding the possibilities of what a smartphone can do.

Beyond its lineup, Samsung’s recent Galaxy Unpacked event, spotlighting innovations in AI-powered features and cutting-edge technology, also received positive and encouraging responses. Its newly introduced AI wallpaper, real-time phone call translation, Magic Editor-like photo enhancement tool, AI-powered zoom-in, multiple conversational tones on the keyboard, AI-infused Notes, etc. have won the hearts of fans and followers. As consumer demand for future-fit smartphones continues to rise, Samsung remains committed to maintaining its leadership through pure innovation, analyzing and addressing the industry’s latest trends in due time. For more information on Samsung’s latest product innovations, please visit the official Samsung Newsroom.

Canalys Report link: https://canalys.com/newsroom/worldwide-smartphone-market-Q3-2024

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