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NEEDHAM, Mass.–(BUSINESS WIRE)–#Apple–The last time a company not named Samsung was at the top of the smartphone market was 2010, and for 2023 it is now Apple. A sort of shifting of power at the top of the largest consumer electronics market was driven by an all-time high market share for Apple and a first time at the top. Overall, the global smartphone market remains challenged, but momentum is moving quickly toward recovery. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments declined 3.2% year over year to 1.17 billion units in 2023. While this marks the lowest full-year volume in a decade, driven largely by macroeconomic challenges and elevated inventory early in the year, growth in the second half of the year has cemented the expected recovery for 2024. The fourth quarter (4Q23) saw 8.5% year-over-year growth and 326.1 million shipments, higher than the forecast of 7.3% growth.
“While we saw some strong growth from low-end Android players like Transsion and Xiaomi in the second half of 2023, stemming from rapid growth in emerging markets, the biggest winner is clearly Apple,” said Nabila Popal, research director with IDC’s Worldwide Tracker team. “Not only is Apple the only player in the Top 3 to show positive growth annually, but also bags the number 1 spot annually for the first time ever. All this despite facing increased regulatory challenges and renewed competition from Huawei in China, its largest market. Apple’s ongoing success and resilience is in large part due to the increasing trend of premium devices, which now represent over 20% of the market, fueled by aggressive trade-in offers and interest-free financing plans.”
“The overall shift in ranking at the top of the market further highlights the intensity of competition within the smartphone market,” said Ryan Reith, group vice president with IDC’s Worldwide Mobility and Consumer Device Trackers. “Apple certainly played a part in Samsung’s drop in rank, but the overall Android space is diversifying within itself. Huawei is back and making inroads quickly within China, Brands like OnePlus, Honor, Google, and others are launching very competitive devices in the lower price range of the high end. And foldables and increased discussions around AI capabilities on the smartphone are gaining traction. Overall, the smartphone space is headed towards a very interesting time.”
Top 5 Companies, Worldwide Smartphone Shipments, Market Share, and Year-Over-Year Growth, Q4 2023 (Preliminary results, shipments in millions of units) |
|||||
Company |
4Q23 |
4Q23 Market |
4Q22 |
4Q22 Market |
4Q23/4Q22 |
1. Apple |
80.5 |
24.7% |
72.1 |
24.0% |
11.6% |
2. Samsung |
53.0 |
16.3% |
59.5 |
19.8% |
-10.9% |
3. Xiaomi |
40.7 |
12.5% |
33.2 |
11.0% |
22.7% |
4. Transsion |
28.2 |
8.6% |
16.7 |
5.6% |
68.6% |
5. vivo |
24.1 |
7.4% |
22.9 |
7.6% |
5.1% |
Others |
99.5 |
30.5% |
96.1 |
32.0% |
3.5% |
TOTAL |
326.1 |
100.0% |
300.6 |
100.0% |
8.5% |
Source: IDC Worldwide Quarterly Mobile Phone Tracker, January 15, 2024 |
Top 5 Companies, Worldwide Smartphone Shipments, Market Share, and Year-Over-Year Growth, Calendar Year 2023 (Preliminary results, shipments in millions of units) |
|||||
Company |
2023 |
2023 Market |
2022 |
2022 Market |
2023/2022 |
1. Apple |
234.6 |
20.1% |
226.3 |
18.8% |
3.7% |
2. Samsung |
226.6 |
19.4% |
262.2 |
21.7% |
-13.6% |
3. Xiaomi |
145.9 |
12.5% |
153.2 |
12.7% |
-4.7% |
4. OPPO |
103.1 |
8.8% |
114.4 |
9.5% |
-9.9% |
5. Transsion |
94.9 |
8.1% |
72.6 |
6.0% |
30.8% |
Others |
361.8 |
31.0% |
377.2 |
31.3% |
-4.1% |
TOTAL |
1,166.9 |
100.0% |
1,205.9 |
100.0% |
-3.2% |
Source: IDC Worldwide Quarterly Mobile Phone Tracker, January 15, 2024 |
Notes:
About IDC Trackers
IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC’s Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly Excel deliverables and on-line query tools.
For more information about IDC’s Worldwide Quarterly Mobile Phone Tracker, please contact Jackie Kliem at 508-988-7984 and jkliem@idc.com.
Click here to learn about IDC’s full suite of data products and how you can leverage them to grow your business.
About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world’s leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.
All product and company names may be trademarks or registered trademarks of their respective holders.
Contacts
Nabila Popal
npopal@idc.com
+1 508-872-8200
Anthony Scarsella
ascarsella@idc.com
+1 508-935-4712
Ryan Reith
rreith@idc.com
+1 508-935-4301
Michael Shirer
press@idc.com
+1 508-935-4200
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