Smartphone sales surpass feature phones in Africa

The Southeast Asian smartphone market rebounded in 2024 as vendors shipped 96.7 million units, an annual growth rate of 11%, snapping two years of decline.

Smartphone shipments in Latin America surged 23.3% year-on-year in Q1 due to retailers moving to clear inventory, and Chinese vendors pushing aggressively.

According to analyst firm Canalys, the Southeast Asian smartphone market declined in Q1 2025, marking the end of five consecutive quarters of growth due to economic headwinds.