In this article, we will look at the top 10 best-selling smartphones in the world in 2023. If you want to skip our detailed analysis of the global smartphone market, you can go straight to see 5 best-selling smartphones in the world in 2023.
In one of our previous articles on countries with the most smartphone users in the world, we discussed how modern smartphones are much more than just communication tools. Smartphones have become an integral part of modern life, serving as productivity tools and entertainment hubs, among other things.
Driven by technological advancements, economic trends and changing consumer preferences, the global smartphone industry is dynamic and constantly evolving.
Key Trends Shaping the Global Smartphone Market
According to a report According to the Radicati Group, the total number of mobile devices in use is expected to exceed 18.2 billion by the end of 2025. The number of mobile users worldwide is also expected to grow and reach approximately 7.5 billion by the end of 2025. Fueled by the growing demand for mobile devices and smartphones, the global smartphone market is poised for growth. According to a report According to SkyQuest Technology, the global smartphone market value was estimated at $607.8 billion in 2022. Looking ahead, the market is expected to grow at a compound annual growth rate (CAGR) of 6.8% over the period 2023-2030, propelling the market to reach approximately $978.2 billion by the end of the forecast period.
The global smartphone market is characterized by rapid innovation, with new features and functions being introduced all the time. Driven by growing demand in emerging markets and the adoption of new technologies such as artificial intelligence (AI) and 5G, the global smartphone market is expected to continue growing in the coming years. According to a report According to GSMA Intelligence, North America is expected to lead in the 5G race. In the United States, 49% of all mobile connections are expected to operate on 5G by 2025.
Artificial Intelligence (AI) is becoming increasingly popular in the world of smartphones and electronic devices. With features such as intelligent personal assistants, voice interactions and enhanced camera capabilities, AI is making smartphones more intuitive and user-friendly, further driving demand and creating a positive market outlook.
Major players in the global smartphone industry
Smartphone manufacturers are constantly innovating by adapting to changing market conditions, consumer preferences and technological advancements. These companies are exploring new market segments, investing in research and development, and diversifying their product offerings. Some of the most prominent names in the smartphone industry include Samsung Electronics Co., Ltd. (OTC:SNLF), Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOGLE).
October 4, CNBC reported that Alphabet Inc.’s (NASDAQ: GOOGL) Google has revealed all the details about its latest phones, Pixel 8 and Pixel 8 Pro. Both new smartphones feature a new Tensor G3 chip, a powerful custom chip that brings the latest AI and machine learning capabilities to the Pixel 8 and Pixel 8 Pro. Some of the new AI features include web page summarization, photography, and spam call filtering. Using a new tool called Best Take, users can combine a series of group photos into a single photo, where everyone smiles or looks at the camera. The report also mentions that with the Audio Magic Eraser tool, users can remove unwanted noises or sounds from videos.
July 26, Reuters reported that Samsung Electronics Co., Ltd. (OTC: SSNLF) has launched 2 new foldable smartphones with new and awesome features at the same price as the launch prices of the last two years’ models. Samsung Electronics Co., Ltd. (OTC:SSNLF) pioneered the foldable smartphone segment in 2019 to attract smartphone users who are looking for a larger screen to consume content. Foldable screens allow smartphones to fit more comfortably in pockets. The new Galaxy Z Flip 5 is thinner than the last model, and as a clamshell-style foldable smartphone, it takes on a square shape when closed. The new Galaxy Fold 5 has an under-screen camera that consumers will barely notice when using the smartphone. The report also mentions that, according to Counterpoint, global shipments of foldable smartphones are expected to reach 19 million units in 2023, an increase of approximately 45% from last year’s 13.1 million shipments.
Apple Inc. (NASDAQ: AAPL) is one of the most recognizable brands in the world. Based in the United States, it is a manufacturer of smartphones, personal computers, and computer software, among others. Loaded with impressive new features, Apple Inc. (NASDAQ:AAPL) unveiled the iPhone 15 lineup in September. The premium iPhone 15 Pro and iPhone 15 Pro Max models feature a strong, lightweight titanium design and the A17 Pro chip for mobile gaming and next-level performance.
As for the new iPhone 15 lineup, here are some comments Apple Inc. (NASDAQ:AAPL) Q4 2023 Earnings Call:
“Now let me tell you more about our products, starting with the iPhone. iPhone revenue was $43.8 billion, up 3% from a year ago and a new record for the September quarter. This fall, we were excited to launch the iPhone 15 lineup.
The all-new iPhone 15 and iPhone 15 Plus feature beautiful design, powerful cameras, and the intuitive Dynamic Island. Powered by the industry-leading A17 Pro, our iPhone15 Pro lineup features a beautiful, strong, durable titanium design and the best iPhone camera system ever, including a 5X telephoto lens on the iPhone 15 Pro Max. Customers love the entire iPhone 15 family and the reviews have been off the charts.
On November 2, Apple Inc. (NASDAQ: AAPL) reported strong earnings for the fiscal fourth quarter of 2023. The company reported earnings per share (EPS) of $1.46, beating EPS estimates of 0.07 $. The company reported revenue of $89.5 billion and beat revenue estimates by $82.61 million.
Now that we’ve looked at what some of the leading smartphone manufacturing companies are doing, let’s take a look at the 10 best-selling smartphones in 2023.
In this article, we have listed the top 10 best-selling smartphones in the world in 2023. To rank the world’s best-selling smartphones, we took a look at Omdia’s Smartphone Model Market Tracker – 2Q23. This database provided us with a list of the most shipped smartphones worldwide in the first half of 2023. We ranked the world’s best-selling smartphones based on the number of units shipped. The 10 best-selling smartphones in the world are listed below in ascending order.
10 best-selling smartphones in the world in 2023
10. Apple iPhone 11
Units shipped: 6.9 million
The Apple iPhone 11 tops our list of the world’s top 10 best-selling smartphones in 2023. Around 6.9 million units of the smartphone were shipped in the first half of this year. This is the thirteenth generation of iPhone launched by Apple Inc. (NASDAQ:AAPL). Unveiled in September 2019, it remains the first choice of smartphone consumers around the world to this day. Featuring an all-new dual camera system in Apple Inc.’s (NASDAQ: AAPL) flagship iPhone series, the Apple iPhone 11 has been made available in six different colors, including black, white, purple, green, yellow and PRODUCT (RED). .
Some of the best smartphone stocks to consider researching and investing in include Samsung Electronics Co., Ltd. (OTC: SSNLF), Apple Inc. (NASDAQ: AAPL), and Alphabet Inc. (NASDAQ: GOOGL).
9. Samsung Galaxy A34 5G
Units shipped: 7.1 million
The Samsung Galaxy A34 5G was launched in March 2023 and quickly became a fan favorite. As a mid-range Android smartphone, it is developed and manufactured as part of the Galaxy A series by Samsung Electronics Co., Ltd. (Over the counter:SNLF). Around 7.1 million units of the Samsung Galaxy A34 5G were shipped in the first half of 2023 alone. The Samsung Galaxy A34 5G comes in 4 different colors including White, Graphite, Lime, and Purple. It is also IP67 certified for dust and water resistance. However, unlike its predecessors, the Samsung Galaxy A34 5G only has 3 cameras on the back instead of 4.
8. Samsung Galaxy A54 5G
Units shipped: 8.8 million
Samsung Electronics Co., Ltd. (OTC: SSNLF) unveiled the Samsung Galaxy A54 5G as well as the Samsung Galaxy A34 5G in March 2023. Both smartphones feature immersive Super AMOLED displays, and although the Galaxy A34 5G’s screen measures 6.6 inches , the Galaxy A54 5G screen is only 6.4 inches. However, the Samsung Galaxy A54 5G has a 32 MP front camera that is much better than the 13 MP front camera of the Samsung Galaxy A34 5G. Both devices have 3 rear cameras.
Part of the Galaxy A series, the Samsung Galaxy A54 5G is an affordable Android smartphone from the Korean tech giant. Around 8.8 million units of the Samsung Galaxy A54 5G were shipped in the first half of this year, and so it ranks higher than the Samsung Galaxy A34 5G in our list of the world’s best-selling smartphones in 2023.
7. Samsung Galaxy A14 5G
Units shipped: 9 million
As part of the A Series range from Samsung Electronics Co., Ltd. (OTC: SSNLF), Samsung Galaxy A14 5G was announced in January 2023. It is another budget device designed and manufactured by Samsung Electronics Co., Ltd. The Samsung Galaxy A14 5G comes in 4 different colors including black, light green, dark red and silver. It has a triple rear camera setup and a 13 MP front selfie camera. Around 9 million units of the Samsung Galaxy A14 5G were shipped in the first half of 2023.
6. Samsung Galaxy S23 Ultra
Units shipped: 9.6 million
The Samsung Galaxy S23 Ultra is a premium Android smartphone released in February 2023. Designed, developed, manufactured and marketed by Samsung Electronics Co., Ltd. (OTC: SSNLF), this is the ultimate flagship phone. of the Korean tech giant’s flagship Galaxy S series. The Samsung Galaxy S23 Ultra is packed with impressive features and it is no surprise that it ranks among the world’s best-selling smartphones in 2023. According to recently released data, around 9.6 million units of the smartphone have were shipped in the first half. of this year.
Some of the largest companies in the global smartphone market are Samsung Electronics Co., Ltd. (OTC: SSNLF), Apple Inc. (NASDAQ: AAPL), and Alphabet Inc. (NASDAQ: GOOGL).
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