Latin America’s smartphone market surges 15%

The Indian smartphone market was flat with a growth rate of only 1% in the second quarter of 2024 due to subdued seasonal demand.

Analyst house Canalys revealed that the African smartphone market grew by 3% year-on-year in Q3 2024 despite macroeconomic challenges. It predicted that smartphone shipments would grow by a “cautious” 1% in 2025.

Apple entered the top five highest-shipping smartphone vendors in India, as the overall market recorded a 5% shipment increase in 2024, despite ending Q4 with a decline.