Latin America's smartphone market grows 26% in Q1 2024 – Canalys

This marks the third consecutive quarter of double-digit growth. #pressrelease

May 27, 2024

1 Min Read

Canalys' latest research highlights a sustained boom in the Latin American smartphone market, with shipments increasing by 26% year-on-year to 34.9 million units in Q1 2024. This marks the third consecutive quarter of double-digit growth. Samsung retained its lead position, bolstered by strong sales of its budget-friendly A-series, witnessing a 6% increase to 11.1 million units. Motorola maintained its second-place ranking with a modest 1% growth, reaching 5.9 million units. Xiaomi, TRANSSION and HONOR also demonstrated robust growth rates of 45%, 215%, and 293%, respectively, solidifying their positions among the top five vendors with sales of 5.3 million, 3.4 million, and 2.6 million units.

Read the full press release here.

Canalys

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