{"id":808602,"date":"2025-02-04T10:41:06","date_gmt":"2025-02-04T15:41:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/"},"modified":"2025-02-04T10:41:06","modified_gmt":"2025-02-04T15:41:06","slug":"correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/","title":{"rendered":"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CORRECTING and REPLACING<\/b><b>Omdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPlease replace the release issued February 3, 2025 with the following corrected version due to multiple revisions.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250203664882\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250203664882\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250203664882\/en\/2372265\/4\/2425Annual_Smartphone_Shipments_by_Top_10_OEM_latest.jpg\" alt=\"Annual Smartphone Shipments by Top 10 OEM (Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Annual Smartphone Shipments by Top 10 OEM (Graphic: Business Wire)<\/p>\n<\/div>\n<p>\nThe updated release reads:<\/p>\n<p class=\"bwalignc\"><b>OMDIA: GLOBAL SMARTPHONE SHIPMENTS REBOUND WITH 7.1% GROWTH IN 2024, AMID INDUSTRY RECOVERY<\/b><\/p>\n<p>\nAccording to the latest <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fomdia.tech.informa.com%2Fadvance-your-business%2Fconsumer-electronics-and-pro-av%2Fsmartphone-spotlight-service&amp;esheet=54198196&amp;newsitemid=20250203664882&amp;lan=en-US&amp;anchor=Omdia+smartphone+preliminary+shipment+report&amp;index=1&amp;md5=1fed90b95b54c5cd2dc7c1e2e673295c\">Omdia smartphone preliminary shipment report<\/a>, global shipments reached 328.0 million units in 4Q24 marking a 2.8% increase. This growth extends the smartphone market\u2019s streak to five consecutive quarters of year-on-year growth. For the full year 2024, total shipments climbed to 1,223.1 million units, a 7.1% increase from 1,141.9 million units in 2023 signaling a steady recovery for the industry.<\/p>\n<p>\nApple led global smartphone shipments in 4Q24, as is typical for the fourth quarter, following the launch of the new iPhone 16 series. The iPhone 16 lineup, released in the third quarter, drove shipments to 77.1 million. While the iPhone 16 series outperformed its predecessor in quarterly shipments, Apple overall shipments still marked a decline from the previous year \u2013 down 1 million from 78.1 million in 4Q23. For the full year of 2024, Apple shipped 225.9 million units, down 1.4% from 229.1 million in 2023. Despite this fall, Apple remained the world\u2019s largest smartphone OEM of the year, a position it first secured in 2023 after overtaking Samsung.<\/p>\n<p>\n\u201cApple is facing difficulties in China. Despite the launch of the iPhone 16 series, overall shipments have declined. This is attributed to the increasing lifespan of iPhones, as the growing demand for refurbished and used iPhones is impacting shipments of standard and legacy models,\u201d said <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fomdia.tech.informa.com%2Fauthors%2Fjusy-hong&amp;esheet=54198196&amp;newsitemid=20250203664882&amp;lan=en-US&amp;anchor=Jusy+Hong%2C+Senior+Research+Manager+at+Omdia.&amp;index=2&amp;md5=9f5052b9a7654fcc653c2f463c620ae7\">Jusy Hong, Senior Research Manager at Omdia.<\/a><\/p>\n<p>\nSamsung recorded 51.9 million units in 4Q24, bringing its 2024 total to 222.9 million units, a 1.1% fall from 2023. Samsung is one of the few manufacturers to see overall shipment declines throughout 2024, except for 2Q24. This continuous decline is due to the slow-down of the mid-range smartphone market, as the A-series makes up the majority of the company\u2019s shipments.<\/p>\n<p>\nXiaomi has exceeded expectations throughout 2024, maintaining strong global growth with 168.6 million unit shipments, an increase of over 20 million smartphones (15.4%) compared to 2023. The Xiaomi 15 series and Redmi K80 series both launched in 4Q24 and have been very successful in China. The company has also been actively expanding into overseas markets, particularly in Africa and Latin America.<\/p>\n<p>\nTranssion Holding, whose brands include Infinix, iTel and Tecno, saw shipments stabilize in 2024 following rapid expansion in 2023. While the company was unable to maintain its high growth, resulting in fluctuating year-on-year growth, Transsion has succeeded in achieving more sustainable growth. Combined shipments of all three brands total 106.7 million units in 2024, up 15.3% from 2023\u2019s 92.6 million.<\/p>\n<p>\nVivo experienced steady growth throughout 2024, finishing the year with a total of 100.9 million shipments. This is 12 million more (14.0%) than in 2023, when it recorded 88.5 million shipments. This growth is significant for Chinese manufacturers as they recover from the significant setback faced in 2023 following declines in both domestic Chinese market and overseas APAC markets.<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fomdia.tech.informa.com%2Fauthors%2Fzaker-li&amp;esheet=54198196&amp;newsitemid=20250203664882&amp;lan=en-US&amp;anchor=Zaker+Li%2C+Omdia+Principal+Smartphone+Analyst&amp;index=3&amp;md5=c862b5a149f7b65945a18200d4cbc409\">Zaker Li, Omdia Principal Smartphone Analyst<\/a> said, \u201cvivo has demonstrated remarkable resilience against ongoing intense market competition in 2024. While other brands have focused on aggressive market expansion strategy, vivo opted to focus more strategically on specific markets. It continues to lead in both the China and India markets, which together account for more than 77% of vivo global shipments in 2024. Following the economic turmoil in India, vivo also reached a cooperative agreement with Dixon Technologies to establish a joint venture further strengthening vivo&#8217;s leadership in the India market.\u201d<\/p>\n<p>\nOppo Group, which includes both the Oppo and OnePlus brand, faced challenges throughout most of 2024. Despite this, the company has experienced strong growth in the second half of the year. Oppo Group recorded a 2.8% overall growth in 2024, with a total of 103.6 million units, up from 100.7 million units in 2023. This growth was driven entirely by the Oppo brand, while the OnePlus brand saw a decline of more than 20% between 2023 and 2024.<\/p>\n<p>\nHonor, Lenovo, and Huawei all achieved double-digit growth, far outpacing the overall market growth rate. This growth was powered by Chinese OEMs&#8217; expansion into overseas markets, a recovery in demand for budget smartphones, and the resurgence of smartphone demand in China and India.<\/p>\n<p>\nConcluding the analysis, Hong noted: \u201cLooking back on 2024, it\u2019s clear that the smartphone industry has recovered from the shipment volume decline seen in 2023. With the global smartphone market reaching 1,223.1 million units in 2024, this represents a strong 7.1% annual growth rate, the highest since 2021, and is higher than the initial forecast of around 1,210 million. While it is unlikely that this growth will continue, 2025 shipments are expected to be in line with or slightly less than 2024, though should not drop back to the low point of 2023.\u201d<\/p>\n<p><b>ABOUT OMDIA<\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fomdia.tech.informa.com%2F&amp;esheet=54198196&amp;newsitemid=20250203664882&amp;lan=en-US&amp;anchor=Omdia%2C+part+of+Informa+TechTarget%2C&amp;index=4&amp;md5=5834dd437a0841280bd4154ff7c10728\">Omdia, part of Informa TechTarget,<\/a> Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250203664882r2&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250203664882\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250203664882\/en\/<\/a><\/span><\/p>\n<p>\nFasiha Khan- <a rel=\"nofollow\" href=\"mailto:fasiha.khan@omdia.com\">fasiha.khan@omdia.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mobile\/Wireless Technology Other Retail Consulting Professional Services Software Hardware Data Analytics Retail Consumer Electronics<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250203664882\/en\/2372265\/3\/2425Annual_Smartphone_Shipments_by_Top_10_OEM_latest.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Annual Smartphone Shipments by Top 10 OEM (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250203664882\/en\/2370397\/3\/OMDIA_FAVICON_K.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery LONDON&#8211;(BUSINESS WIRE)&#8211; Please replace the release issued February 3, 2025 with the following corrected version due to multiple revisions. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250203664882\/en\/ Annual Smartphone Shipments by Top 10 OEM (Graphic: Business Wire) The updated release reads: OMDIA: GLOBAL SMARTPHONE SHIPMENTS REBOUND WITH 7.1% GROWTH IN 2024, AMID INDUSTRY RECOVERY According to the latest Omdia smartphone preliminary shipment report, global shipments reached 328.0 million units in 4Q24 marking a 2.8% increase. This growth extends the smartphone market\u2019s streak to five consecutive quarters of year-on-year growth. For the full year 2024, total shipments climbed to 1,223.1 million units, a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-808602","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery LONDON&#8211;(BUSINESS WIRE)&#8211; Please replace the release issued February 3, 2025 with the following corrected version due to multiple revisions. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250203664882\/en\/ Annual Smartphone Shipments by Top 10 OEM (Graphic: Business Wire) The updated release reads: OMDIA: GLOBAL SMARTPHONE SHIPMENTS REBOUND WITH 7.1% GROWTH IN 2024, AMID INDUSTRY RECOVERY According to the latest Omdia smartphone preliminary shipment report, global shipments reached 328.0 million units in 4Q24 marking a 2.8% increase. This growth extends the smartphone market\u2019s streak to five consecutive quarters of year-on-year growth. For the full year 2024, total shipments climbed to 1,223.1 million units, a &hellip; Continue reading &quot;CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-04T15:41:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20250203664882\/en\/2372265\/4\/2425Annual_Smartphone_Shipments_by_Top_10_OEM_latest.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery\",\"datePublished\":\"2025-02-04T15:41:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\\\/\"},\"wordCount\":879,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20250203664882\\\/en\\\/2372265\\\/4\\\/2425Annual_Smartphone_Shipments_by_Top_10_OEM_latest.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\\\/\",\"name\":\"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/","og_locale":"en_US","og_type":"article","og_title":"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery - Market Newsdesk","og_description":"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery LONDON&#8211;(BUSINESS WIRE)&#8211; Please replace the release issued February 3, 2025 with the following corrected version due to multiple revisions. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250203664882\/en\/ Annual Smartphone Shipments by Top 10 OEM (Graphic: Business Wire) The updated release reads: OMDIA: GLOBAL SMARTPHONE SHIPMENTS REBOUND WITH 7.1% GROWTH IN 2024, AMID INDUSTRY RECOVERY According to the latest Omdia smartphone preliminary shipment report, global shipments reached 328.0 million units in 4Q24 marking a 2.8% increase. This growth extends the smartphone market\u2019s streak to five consecutive quarters of year-on-year growth. For the full year 2024, total shipments climbed to 1,223.1 million units, a &hellip; Continue reading \"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-04T15:41:06+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20250203664882\/en\/2372265\/4\/2425Annual_Smartphone_Shipments_by_Top_10_OEM_latest.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery","datePublished":"2025-02-04T15:41:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/"},"wordCount":879,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20250203664882\/en\/2372265\/4\/2425Annual_Smartphone_Shipments_by_Top_10_OEM_latest.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/correcting-and-replacingomdia-global-smartphone-shipments-rebound-with-7-1-growth-in-2024-amid-industry-recovery\/","name":"CORRECTING and REPLACINGOmdia: Global Smartphone Shipments Rebound with 7.1% Growth in 2024, Amid Industry Recovery - 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