Jack Hamlin’s Post

🔥The competition in the smartphone #AI market intensifies. According to the latest data from Worldpanel by Kantar's ComTech Smartphone Operating System (OS), global smartphone sales volumes increased by 25% year-over-year in Q2 of 2024. A growth fueled by a significant surge in the US and a slight rise in Mainland China. 📱In Q2 2024, key smartphone trends include the iPhone 15 leading sales across Europe, except in France where the Samsung Electronics’s Galaxy A15 tops. US smartphone sales surged 60% year-on-year, with Apple’s iOS capturing 52% of the market. In China, Xiaomi Technology and HONOR gained market share. AI is increasingly influencing purchases, with 11% of Google's Pixel buyers highlighting it as a key factor. Gain more insights on the full article and reach out to Jack Hamlin https://lnkd.in/d_y5sw3S

►GenAI smartphone share of overall smartphone shipments will reach 11% by 2024 and 43% by 2027 to pass 550 million units by 2027. ►These estimates are higher than Counterpoint’s earlier forecast in December 2023 with the anticipated entry of Apple into the segment later this year. ► Samsung Electronics an early mover in the space, will lead GenAI smartphone OEM rankings for 2024, while Apple will likely lead in 2025. ►Qualcomm will lead the AI SoC space in 2024, capturing almost half of all GenAI smartphone shipments, followed by MediaTek with a 13% share. ►Two key price tiers will emerge – ≥$600 and $400-$599, accounting for 9 out of every 10 GenAI smartphones sold in 2024.

★ Samsung nears another milestone in Smartphone business in FY24 :– ➡ Yes, that's right! According to a recent article in The Economic Times, Samsung India is on track to achieve another milestone in their smartphone business for the fiscal year 2024 (FY24). ▪ The article reports that Samsung's domestic smartphone sales have grown by 12% in value terms, which is significantly higher than the overall industry growth rate of 8-10% [Economic Times]. This indicates Samsung is capturing a larger market share in India. ▪ The article attributes this growth to Samsung's focus on 5G handsets. With the increasing adoption of 5G technology in India, Samsung's strategy of offering a wider range of 5G smartphones seems to be paying off. ➡ It's important to note that the exact revenue figures for FY24 haven't been disclosed yet. However, the positive sales growth indicates that Samsung is performing well in the Indian smartphone market.

►GenAI smartphone share of overall smartphone shipments will reach 11% by 2024 and 43% by 2027 to pass 550 million units by 2027. ►These estimates are higher than Counterpoint’s earlier forecast in December 2023 with the anticipated entry of Apple into the segment later this year. ► Samsung Electronics an early mover in the space, will lead GenAI smartphone OEM rankings for 2024, while Apple will likely lead in 2025. ►Qualcomm will lead the AI SoC space in 2024, capturing almost half of all GenAI smartphone shipments, followed by MediaTek with a 13% share. ►Two key price tiers will emerge – ≥$600 and $400-$599, accounting for 9 out of every 10 GenAI smartphones sold in 2024.

5G smartphone shipments are projected to increase to account for 67% of all shipments in 2024 as the 5G smartphone market matures. The growth has been slowing since the proportion of 5G shipments passed 50% in 2022. Demand for 5G smartphones remains uneven globally, with adoption concentrated in selected advanced markets where 5G networks and affordable data plans are widely available. Vendors face continued challenges optimizing 5G device costs, as low-end 5G processors remain expensive compared with 4G, limiting mass-market penetration. Flexible and targeted 5G product strategies aligned with network maturity and user needs are required rather than a one-size-fits-all approach. What are the opportunities and challenges before 5G smartphones reach mass adoption? Find out in our latest report: https://lnkd.in/dg2gu5dh Toby Zhu Nicole Peng 刘艺璇（Amber LIU）Sanyam Chaurasia Runar Bjorhovde Chiew Le Xuan Sheng Win Chow Manish Pravinkumar Miguel Angel P. Omdia #5G #4G #apple #samsung #oppo #xiaomi #vivo #honor #huawei #lenovo #realme #google #motorola

India Emerges as Second-Largest Global 5G Smartphone Market, Overtaking US India surges to 2nd in global 5G smartphone market, driven by budget offerings from Samsung, Vivo, Xiaomi. China leads, Apple dominates shipments. https://lnkd.in/dhfx84Rq

Unlocking the Decade of Samsung's Smartphone Dominance! Discover the remarkable journey of Samsung's smartphone dominance over the past decade! 📱 With nearly 3 billion shipments, Samsung outpaced Apple by a staggering 700 million units, according to IDC data. But that's not all – Samsung's shipments exceeded the combined total of Xiaomi, Vivo, and Huawei, showcasing its unrivaled scale and global presence. Despite fluctuations, Samsung has consistently outperformed competitors, driven by relentless innovation and a commitment to pushing boundaries. From the launch of the Galaxy S24 series to advancements in Galaxy AI technology, Samsung continues to shape the future of smartphones. Read our latest blog to delve deeper into Samsung's decade of dominance in the smartphone industry. https://lnkd.in/eHnmwu3J #Samsung #Smartphones #Innovation #TechLeadership #ReadMore

Unlocking the Decade of Samsung's Smartphone Dominance! Dive into the fascinating world of Samsung's smartphone dominance over the past decade! 📱 Did you know that Samsung shipped nearly 3 billion smartphones in the last ten years, surpassing Apple by a whopping 700 million units, as revealed by IDC data? This staggering achievement underscores Samsung's unparalleled scale and influence in the global smartphone market. But here's the real kicker – Samsung's smartphone shipments in the past decade actually exceeded the combined total of Xiaomi, Vivo, and Huawei! 🚀 This remarkable feat showcases Samsung's steadfast commitment to innovation and its ability to maintain a stronghold in an ever-evolving industry. Despite the ebb and flow of market trends, Samsung has consistently proven itself as a powerhouse in the smartphone arena. Whether it's introducing groundbreaking features in the Galaxy S series or pioneering advancements in Galaxy AI technology, Samsung continues to push boundaries and redefine the standards of excellence. Curious to learn more about Samsung's journey to smartphone dominance? Dive into our latest blog post for a comprehensive look at Samsung's decade of innovation and success. 🌟 Don't miss out on the insights and revelations that await! https://lnkd.in/ekQJaFuH #Samsung #Smartphones #Innovation #TechLeadership

🚨 Breaking from TechInsights: Lenovo-Motorola smartphone shipment grew very strongly in the Indian smartphone market 🤳 , and as a result, Asia Pacific’s Motorola shipment surpassed North America in the quarter, for the first time since 2018. Authored a TechInsights report 📈 on Lenovo-Motorola smartphone business for Q3 2024. The full report is reserved are subscribing clients (link in the comment section) but please please find some more key insights here: 1. Lenovo-Motorola smartphone shipments grew 26% YoY 📊 globally, for a market share of 5%, in Q3 2024. 2. In the global smartphone market, it upshifted from eighth rank in Q2 2024 to seventh rank 📈 in Q3 2024. Motorola Mobility (a Lenovo Company)

Apple's iPhone staged a rebound in China last month with shipments rising 52% amid a flurry of discounts from retail partners. According to the IDC, global smartphone shipments rose 6.5%. And as per Counterpoint Research sales to consumers jumped 6%. It seems discounts & the announcements of new AI enhancements have helped steady sales for Apple & Samsung Electronics which is also promoting a new generation of phones with AI features. According to Statista by the end of 2023, approximately 70% of the world's population were smart phone users. The global revenue in smartphones market was forecast to continuously increase between 2024 & 2029 a total $95 bn (20.32%). And after the fifth consecutive increasing year, the indicator is estimated to reach $562.56 billion by creating a new peak in 2029. #smartphone #ai #technology #apple #android #aiphones #samsung #communicationdevices #cellphone