Smartphone Market Sees a 7% Increase in Sales for 2024
The smartphone industry witnessed a substantial uptick of 7% in sales during 2024 compared to the previous year, culminating in a total of 1.22 billion devices sold. This positive shift marks a significant recovery following two years of declining figures, as reported by Canalys.
Factors Influencing Performance
The growth trajectory for Apple can be attributed largely to burgeoning markets along with steady performance metrics from North America and Europe. Xiaomi benefited from robust growth patterns within Mainland China plus ongoing strategic expansions into emerging markets worldwide.
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