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Huawei defies US to grow market share as RAN decline ends – Omdia
The worst is now behind vendors in the market for mobile network equipment, with Omdia forecasting slight growth outside China this year.
Total shipments for the full year 2023 amounted to 1.14 billion units, marking a 4% decline compared to 2022. #pressrelease
January 31, 2024
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SINGAPORE – According to Canalys research, the global smartphone market experienced an 8% year-on-year growth in Q4 2023, reaching 319.5 million units, further indicating signs of stabilization and recovery. Total shipments for the full year 2023 amounted to 1.14 billion units, marking a 4% decline compared to 2022. Despite facing challenges in core markets, Apple claimed the top position for the first time with a 20% market share and 229.2 million shipments in 2023. Samsung followed closely, maintaining profitability as its strategy, shipping 225.4 million units and capturing a 20% market share. Xiaomi solidified its third position, holding a 13% market share with shipments totaling 146.4 million units. OPPO and TRANSSION ranked fourth and fifth, with 9% and 8% market shares, respectively.
Read the full press release here.
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