For 2024, we expect #GenAI-capable smartphones to contribute 11% of the overall smartphone market as newer use cases arise and consumer awareness increases around the segment. ->Media-focused features and personalized virtual assistants are expected to be major drivers of adoption. ->On the hardware side, more GenAI-capable chipsets from major semiconductor firms at affordable prices will further aid the growth of the segment. We are anticipating the entry of Apple later this year into the GenAI segment with its 2024 iPhone lineup
Just published: Samsung’s Galaxy S24 Series Dominates GenAI-capable Smartphone Market in Q1 2024 Key takeaways: - GenAI-capable smartphones’ share in global smartphone sales increased to 6% in Q1 2024 from just 1.3% in the previous quarter. - The premium segment contributed over 70% of GenAI-capable smartphone sales in Q1 2024. - Samsung Electronics captured the top three spots and contributed 58% to the segment. - Chinese OEMs captured six positions in the list of top 10 best-selling GenAI-capable #smartphones in Q1 2024. Link to the full note is in the comments below. #technology #research #industry #markets #GenAI #Q12024 #Xiaomi #vivo #OPPO #OnePlus #HONOR #Google #Samsung