Europe Smartphone Market Grows 1Q26
Analysis based on 6 articles · First reported May 26, 2026 · Last updated May 27, 2026
The European smartphone market's resilience and growth in 1Q26, despite rising costs and bottlenecks, indicates healthy consumer demand. However, the bearish outlook for 2H26 due to memory bottlenecks and anticipated market correction could negatively impact smartphone vendors like Samsung Electronics, Apple Inc., and Xiaomi, potentially affecting their stock performance.
Omdia's latest research indicates that Europe's smartphone market (excluding Russia) grew 2% to 33.0 million units in 1Q26, demonstrating resilience amidst increasing supply-side costs and potential availability bottlenecks. This growth was fueled by healthy end-user demand and channel frontloading. Key vendors like Samsung Electronics and Apple Inc. saw growth, with Samsung Electronics being the largest vendor and Apple Inc. benefiting from strong iPhone 17 series demand. Xiaomi experienced a decline in shipments but an increase in average selling price. Lenovo — Motorola Mobility, Oppo, and Honour also showed growth, with Honour being the fastest-growing. The average-selling-price of smartphones in Europe reached a record-high of €580. Despite the positive 1Q26, Omdia forecasts a 12% decline in shipments for 2026, primarily in the second half, due to a worsening memory bottleneck, suggesting an inevitable market correction.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard