Huawei ships 2.7 million units in Q1 2024 global tablet market, ranks third: Canalys

Huawei continues to do well in the global tablet market and the latest Q1 2024 report by Canalys shows that the tech giant shipped around 2.7 million tablets within the first three months of this year. This boosted the company’s annual growth by 70%.

Research firm Canalys recently analyzed the Q1 2024 global tablet market data and found that Huawei secured its place in the top 3 large-screen vendors worldwide.

The company sold around 2.7 million tablets in the first quarter of this year, achieving an 8.1% market share. Compared to 2023, Huawei owned a 3.3% extra share in the worldwide tablet franchise, raising its annual growth to 70.2 percentage.

Among all the other contestants, Huawei has the highest annual growth rate and is ranked in third position. Canalys cites that the company is mainly propelled by high demand and constant consumer support in China as well as the Asia-Pacific region.

The ranking counts Apple at the top with 12 million units shipment but a decline in the annual growth rate (13.9%). Samsung shows up in second place with 6 million units shipment and 20.2% of the market share. Even though Apple and Samsung share the top 2 positions, there isn’t any great impact on their annual growth rate.

Lenovo and Amazon stand at fourth (2.1 million units, 12.9% growth) and fifth (2 million units, 18.2% drop) respectively. Other tech vendors have a 23.6% market share.

Global Tablet Market:

Canalys further says that the global tablet market shipped a total of 33.7 million units in the first quarter with an increase of 1% YoY. The research manager at Canalys – Himani Mukka says that companies now focus on lightweight and innovative products that can help customers operate the device easily in their daily lives.

Tech makers now keep an eye on better designs and eye-wear-free 3D content viewing, improving the visual experience for consumers. Thus this year could be great for the worldwide tablet market.

“The tablet industry has had a positive start to 2024, and the rest of the year should bring further relief after a difficult 2023. This year may bring about a rise in new tablet form factors and functionality. Besides, the rapid expansion of 5G in untapped markets will bolster refresh demand for tablets.”

[Source – Canalys]