Samsung has just lost the top spot in global smartphone shipment sales for the first time in over a decade. And it got beat by Apple.
According to data from market research firm IDC, Apple took a 20.1% share of the global market compared with Samsung's 19.4%. It's the first time Samsung hasn't been number one since it knocked Nokia off the podium all the way back in 2010.
Apple's dominance over Samsung last year could be due in part to the way its walled garden captures younger users and keeps them on the platform. A report from the Financial Times, using data from ad tech company Attain, noted 34% of America’s iPhone owners were born after 1996. By contrast, just 10% of Gen Z owns a Samsung phone.
"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.
| Company | 2023 Shipments | 2023 Market Share | 2022 Shipments | 2022 Market Share | 2023/2022 Growth |
|---|---|---|---|---|---|
| 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% | 1,205.9 | 100% | -3.2% |
*Source: IDC Worldwide Quarterly Mobile Phone Tracker, January 15, 2024
Alongside Apple's surge to the top of the list, the couple of key takeaways for me are the overall decline in the smartphone market as a whole (-3.2%) and the gigantic growth of Chinese company Transsion YoY.
As others have pointed out, the growth picked up in the second half of 2023, suggesting that a market recovery is possible for 2024. Question is, will Samsung manage to rally and recover the top spot?
Prepare for the onslaught to begin as soon as tomorrow when Samsung Unpacked takes place and we get our first of official look at the Samsung Galaxy S24 family.
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