Samsung leads global gen-AI smartphone segment in Jan-Mar quarter: Report

Samsung Galaxy S24 series secured the top three spots in the list of top ten for best-selling smartphones with generative AI capabilities in Jan-Mar quarter of this year

Samsung Galaxy S24 Ultra smartphone
Samsung Galaxy S24 Ultra smartphone
Harsh Shivam New Delhi
2 min read Last Updated : May 31 2024 | 3:55 PM IST
Samsung dominated the global generative AI-capable smartphone market in the Jan-March quarter of this year, reported market tracker Counterpoint Research. According to the report, all three models in the Samsung’s Galaxy S24 series secured top three spots in the top ten for best-selling smartphones with generative AI capabilities in the said quarter.

Samsung’s flagship model, the Galaxy S24 Ultra, lead the pack with over 30 per cent market share, followed by the Galaxy S24 (16.8 per cent) on the second spot and the Galaxy S24 Plus on the third spot with a market share of 11.5 per cent. Samsung dominated the market with a combined market share of 58 per cent.

According to the Counterpoint Research report, smartphones with generative AI-powered capabilities made up six per cent of global smartphone sales in the first quarter (Q1) of 2024, up from mere 1.3 per cent in the previous quarter – October-December, 2023.

Google made it to the list, too, but is placed last with a market share of 2.2 per cent. Surprisingly, two premium smartphones from Xiaomi appeared in the list. These are Xiaomi 14 and Xiaomi 14 Pro. While the former is placed in fourth spot with a market share of 7.7 per cent, the latter takes sixth spot with a market share of four per cent.

Other smartphones on the list include Vivo X100 with 4.9 per cent share (fifth), OPPO Find X7 with 3.2 per cent share (seventh), OnePlus 12 with 2.7 per cent share (eighth) and HONOR Magic 6 with 2.6 per cent market share (ninth).
Source: Counterpoint
According to a report by Counterpoint Research, Chinese smartphone brands such as Xiaomi, OPPO, Vivo and Honor are catching up fast in offering generative AI-powered features on their smartphones despite being late entrants.

Additionally, the report stated that these brands have opted for a strategy to prioritise their home country’s market ahead of other regions and this has led to China becoming the leading GenAI-capable smartphone market, capturing one-third of the global market.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Samsungartifical intelligenceAI technologysmartphones

First Published: May 31 2024 | 3:55 PM IST

Next Story