Rise of Generative AI Smartphones: 19% Shipment Share in 2024, Samsung and Apple Lead
Rise of Generative AI Smartphones: 19% Shipment Share in 2024, Samsung and Apple LeadMarket research firm Counterpoint Research forecasts a 19% global shipment share for generative AI smartphones in 2024. The firm also predicts that by 2028, global generative AI smartphone shipments will reach 730 million units, representing a 54% share of the market, more than triple the projected level in 2024
Rise of Generative AI Smartphones: 19% Shipment Share in 2024, Samsung and Apple Lead
Market research firm Counterpoint Research forecasts a 19% global shipment share for generative AI smartphones in 2024. The firm also predicts that by 2028, global generative AI smartphone shipments will reach 730 million units, representing a 54% share of the market, more than triple the projected level in 2024.
Counterpoint Research points out that Samsung and Apple will account for over 75% of the global generative AI smartphone market in 2024. This is largely attributed to their strong presence in developed markets and dominance in the high-end segment. Samsung and Apple leverage their premium brand image to attract consumers who are highly interested in new technologies, especially in regions with higher disposable income.
The firm believes that competition among smartphone manufacturers will shift from sheer hardware specifications to genuine personalized experiences, with AI implementation becoming a crucial differentiator for OEMs (Original Equipment Manufacturers). AI applications are currently widely used in smartphones, including enhanced imaging capabilities, translation functions, improved application experiences, content recommendations, and personalized content creation.
Qualcomm plays a significant role in smartphone shipments and GenAI smartphone experiences, driving OEMs to deliver next-generation devices. Qualcomm's chipsets provide strong hardware support for generative AI functionality, enabling seamless AI computations on smartphones.
As generative AI technology continues to evolve, smartphones will become even more intelligent and personalized, offering users greater convenience and enjoyment. Generative AI is expected to be a key driver of growth in the smartphone industry over the next few years, propelling the market into a new phase of development.
Tag: Rise of Generative AI Smartphones Shipment Share in 2024
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