Motorola Statistics By Revenue, Gross Profit, Operating Income, Market Share And Demographic

Name: Motorola Statistics By Revenue, Gross Profit, Operating Income, Market Share And Demographic
Creator: Coolest Gadgets

TABLE OF CONTENTS

Introduction
Editor’s Choice
Motorola Market Share Statistics
Motorola Statistics By Revenue
Motorola Smartphones Statistics
United States Smartphone Market Share
Motorola Demographic Statistics By Age, Gender, and Education
Motorola Solutions Statistics By MSI Price And AI Score
Motorola’s Technological Advancements
Motorola Statistics By Sustainability Initiatives
Motorola’s Consumer Satisfaction
Motorola Website Traffic Statistics By Country
Conclusion

Introduction

Motorola Statistics: Motorola, a name synonymous with innovation in communication technology, has a rich history of contributions to the tech industry. Founded in 1928, Motorola has evolved from manufacturing car radios to becoming a leading player in mobile telecommunications.

This Motorola Statistics highlights Motorola’s financial performance, market share, technological advancements, and other current trends from different perspectives.

Editor’s Choice

According to Motorola Statistics, Motorola reported a total revenue of $14 billion in 2024.
This is a 3.7% increase from $13.5 billion in 2023 and a 5% increment from the previous
year. Strong sales in the mobile devices and solutions segments drove this growth.

The net profit for 2024 was $1.3 billion, representing an 8.9% profit margin. This is higher than the 2023 profit of $1.2 billion, up by 10% from 2022. This profit margin represents about 8.9% of the total revenue.
Motorola’s operating expenses in 2024 were $9.3 billion, which is about 66.4% of the total revenue. This includes costs for research and development (R&D), marketing, and administration.
Motorola Statistics also show that the company invested $1.9 billion in R&D, which is 13.6% of its total revenue.

Similarly, in 2023, Motorola allocated $1.8 billion to R&D, about 13.3%. This was a 5% increase from the previous year’s expenditure.
By the end of March 31, 2024, it was $2.389 billion, an increase of 10.04% from the previous year.
Motorola’s net loss was $39 million in the first quarter of 2024, down 114% from $278 million in the first quarter of 2023.

The company’s loss per share was around $0.23, down from $1.66 (profit) in last year’s quarter.
By the end of June 5, 2024, Motorola’s market capitalization was around $61.58 billion, an increase of 18.51% from 2023.
The company is currently working on over 150 innovation projects, spanning areas such as 5G technology, artificial intelligence (AI), and sustainability initiatives.

Motorola Market Share Statistics

Motorola’s market presence is substantial, particularly in the mobile device sector. Here are
some notable statistics:

Motorola will hold 5.2% of the global smartphone market in 2024, a small increase from 5% in 2023.

Motorola Statistics further states that in North America, Motorola has an 8.2% market share. The popularity of its budget-friendly and mid-range phones contributes to this steady presence.
Motorola is particularly strong in Latin America, with a 20.5% market share. Consumers in this region favor Motorola for its reliable and affordable devices.
Motorola is also growing in emerging markets like India and Southeast Asia. Its market share in these regions is currently 3.5%, and there is significant potential for future growth.

Motorola Statistics By Revenue

Motorola Statistics by Revenue

(Source:macrotrends.net)

By the end of March 31, 2024, it was $2.389 billion, an increase of 10.04% from the previous year.

In 2023, Motorola Solutions accounted for quarterly revenue and growth rate in Q1 ($2.171 billion and 14.75%), Q2 ($2.403 billion and 12.29%), Q3 ($2.556 billion and 7.71%), and Q4 (42.848 billion and 5.21%).

By Market Capitalization (From 2001 To 2024)

Market cap history of Motorola Solutions from 2001 to 2024 (Source:macrotrends.net)

According to Motorola Statistics, Motorola’s market capitalization in the first quarter of 2024 was $61.58 billion, with a growth rate of +18.51%.

In contrast, the monthly market capitalization of 2024 is followed by January 20 ($54.15 billion), February 24 ($54.87 billion), March 30 ($58.97 billion), April 20 ($56.59 billion), May 25 ($60.81 billion), and June 5 ($61.58 billion).
Moreover, Motorola’s market cap was $51.96 billion in 2023, up 20.59% from 2022.

By Gross Profit

As mentioned in Motorola Statistics, Motorola’s total gross profit in the first quarter of 2024 was $1.192 billion, an increase of $13.965 from 2023.

Motorola’s total gross profit and growth rate generated in 2023 was followed by March 31 ($1.046 billion and 22.05%), June 30 ($1.189 billion and 20.10%), September 30 ($1.280 billion and 24.15%), and December 31 ($1.455 billion and 7.70%).

By Operating Income

According to Motorola Statistics, Motorola Solutions’ operating income for the quarter ending March 31, 2024, was $0.519 billion, an increase of 30.08% from last year’s quarter.
In 2023, other operating incomes and the company's growth rate followed the first quarter ($0.399 billion and 66.95%), the second quarter ($0.518 billion and 44.69%), the third quarter ($0.639 billion and 71.31%), and the fourth quarter ($0.738 billion and 6.80%).

By EBITDA

On March 31, 2023, Motorola’s EBITDA was around $0.497 billion, with a 42% growth rate.
In the same years, another quarterly EBIDTA was Q2 ($0.605 billion), which had a 28.72% growth rate. It was followed by Q3 ($0.25 billion), which had a 50.73% growth rate, and Q4 ($0.823 billion), which had a 2.87% growth rate.

By Net Income

As of March 31, 2023, Motorola Solutions’s first-quarter net income was around $0.278 billion, with a growth rate of 4.12%.

On the other hand, in 2023, net income and growth rate were earned on June 30 ($0.371 billion and 62.72%), September 30 ($0.464 billion and 66.31%), and December 31 ($0.596 billion and 1.19%), respectively.

By Earning Per Share (EPS)

Motorola Solutions’s EPS by March 31, 2024, was around $0.23, down 114.29% from last year.
Similarly, the total annual Motorola Solutions in 2023 was $9.93, up by 25.22% from 2022.

Furthermore, in 2023, other quarterly EPS and growth rates are followed by Q1 ($1.61 and 4.55%), Q2 ($2.15 and 61.65%), Q3 ($2.70 and 65.64%), and Q4 ($3.47 and 1.17%), individually.

Motorola Smartphones Statistics

In 2024, Motorola’s market share in the global smartphone market is around 4%. The company continues to strengthen its presence in both the U.S. and emerging markets.
During the same period, Motorola smartphones’ overall revenue is projected to be between $9.65 billion and $9.7 billion.

The company’s strategy of targeting mid-range device users has helped it maintain a stable market share of 4%.
Motorola’s top two most popular models in 2024 are the Moto G Power 5G and the Moto G Stylus 5G.
In 2024, the total number of Motorola smartphones is expected to be sold at around 45 million.

70% of Motorola smartphones are equipped with AI features for camera enhancements and battery optimization.
Around 85% of Motorola smartphones are 5G-enabled, ensuring optimal performance with the latest network technology.
Motorola Statistics further states that 75% of Motorola users actively use My UX features, such as Moto Actions and Moto Display.

Approximately 80% of Motorola’s current models receive regular security updates within three months of release.
Almost 60% of models receive major Android version updates within six months of availability.

United States Smartphone Market Share

(Reference:cdn.shopify.com)

In 2024, Motorola smartphones are estimated to capture the third highest market share, resulting in 3.98%.
Moreover, other smartphone market share in the U.S. are Apple (59.08%), Samsung (23.33%), Google (2.56%), and Xiaomi (1.24%).

Motorola Demographic Statistics By Age, Gender, and Education

Motorola Statistics also show that 40% of Motorola’s smartphone users in 2024 were middle-aged people between 35 and 50.

Furthermore, the other users, by age group, are 25% young adults aged 18 to 25 and 20% older adults aged 50 years and above.
Based on gender, male Motorola users will hold the highest share of 55%, and women’s share will be approximately 45% in 2024.
Motorola Statistics by Educational Background: The majority of Motorola users are 40% of professionals, followed by 25% of students and 15% of retirees.

(Reference:statista.com)

In the United States of America in 2023, 9% of the population were 50 to 64-year-olds who used Motorola smartphones.
Other users by age group are followed by 6% (30 to 49 years) and 3% (18 to 29 years), respectively.

By Income Level

Low to Middle-Income Consumers

Share: In 2024, there are more than 50% of Motorola’s users.
Preferences: Motorola’s competitive pricing on models like the Moto G Power 5G ($300) makes high-quality smartphones accessible to lower-income families.

Middle to Upper-Middle-Income Consumers

Share: Around 40% of the user base.
Preferences: Consumers in this income bracket often opt for models like the Moto G Stylus 5G ($400), which offers additional productivity tools and better performance.

By Regional Distribution

As mentioned in Motorola Statistics 2024, the United States of America will have the largest market share of Motorola globally, with approximately 30%.
India and Brazil will capture Mototrola’s second and third-largest market shares, with 20% and 15%, respectively.
Meanwhile, around 10% of Motorola’s user base will be secured by Mexico in 2024.

Motorola Solutions Statistics By MSI Price And AI Score

Motorola Solutions Statistics by MSI Price and AI Score (Source: altindex.com)

As per Motorola Statistics 2024, on January 8, Motorola Solutions’s MSI price and AI Score were $311.97 and 42, respectively. By January 31, Motorola’s MSI Price was $318.59, and its AI Score was 56.
In addition, the other MSI Stock Price and AI Score on February 1, 2024, were $324.22 and 59, followed by March 1 ($334.6 and 63), April 1 ($353.59 and 66), May 1 ($336 and 57), and June 1 ($364.91 and 63).

Motorola’s Technological Advancements

By the end of 2023, Motorola had launched 12 new 5G-compatible devices.
As of 2024, Motorola has released 15 new 5G-compatible devices, which now account for 45% of its total smartphone sales.
The Motorola Razr, a modern foldable phone, remains popular. In 2024, foldable phones account for 16% of Motorola’s total smartphone sales.

Motorola has integrated AI-driven features, including smart camera technology and enhanced user interfaces, in 80% of its new devices.
Based on Motorola Statistics, around 30% of Motorola’s products are made from recycled materials, and the company aims to reach 50% by 2025. Additionally, its energy-efficient processes have reduced its carbon footprint by 12%.

Motorola Statistics By Sustainability Initiatives

In 2023, 25% of Motorola’s products were manufactured using recycled materials. The company aims to increase this percentage to 50% by 2025.

Motorola has introduced energy-efficient manufacturing processes, reducing its carbon footprint by 10% compared to the previous year.
Motorola’s recycling programs have seen substantial participation. In 2023, the company recycled 1.5 million devices, contributing to the reduction of electronic waste.

Motorola’s Consumer Satisfaction

Motorola’s focus on consumer satisfaction is evident in various customer surveys and feedback:

As mentioned in Motorola Statistics, Motorola’s average customer satisfaction score in 2024 is 81%, up from 80% in 2023.
Over 87% of Motorola users are satisfied with the reliability and performance of their devices.
Motorola’s after-sales service is rated positively by 82% of customers, reflecting good customer support and service.

The satisfaction rate is up to 90% due to the clean, near-stock Android experience in Motorola smartphones.

Motorola Website Traffic Statistics By Country

motorola.com Web Traffic By Country (Reference: similarweb.com)

In April 2024, the United States of America had 35.44% of total traffic on motorola.com but reduced total website visitors by 19.66%.

During the same duration, other countries recorded the following contribution in total traffic: Brazil =7.52% (+0.04%), India = 6.55% (+2.67%), Poland = 6.52% (+8.8%), and Argentina = 4.46% (-0.82%).
Other countries collectively made around 60.64% of visitor share in motorola.com.

By Device

motorola-com-website-traffic-by-country

(Source: semrush.com)

As per Motorola Statistics, the total traffic share from desktop and mobile on motorola.com is 88.74% and 11.26% visits, respectively, in April 2024.
The United States of America has 6.62 million users; 48.27% out of these, 7.91% share on desktop, and 92.09% share on mobile devices.

The total Motorola users share is around 10.48% in India, resulting in 1.44 million, with 8.93% access to the desktop version and 91.07% to mobile devices.
In Brazil, the website had 623.51 thousand users and 4,55% website traffic, with desktop and mobile users being 22.09% and 77.91%, respectively.
Mexico and Poland each have around 607.83 thousand and 519.37 thousand users, respectively, and their website traffic is around 4.43% and 3.79%.

Besides, 11.59% of desktop and 88.41% of mobile users in Mexico access the Motorola website, whereas in Poland, 13.05% of users access it on desktop and 86.95% on mobile.

By Demographics

motorola.com Website Traffic Demographics (Reference: similarweb.com)

The male and female users of motorola.com hold 60.05% and 39.05% shares, respectively.

Motorola Statistics by age group states that the highest number of website users observed is between 25 and 34 years old, resulting in a 26.04% share.
Out of the total Motorola users, 21.41% are aged from 35 to 44 years.
As per Motorola Statistics, 17.54% and 14.34% belong to individuals aged 45 to 54 and 18 to 24, respectively.

Around 13.08% of website users are aged from 55 to 64 years.
Nearly 7.6% of Motorola user shares were contributed by people from the age group above 65 years.

By Traffic Sources

motorola.com Top Traffic Sources (Reference: similarweb.com)

The highest traffic rate to motorola.com in April 2024 was from organic searches, which resulted in 55.15%.
As mentioned in Motorola Statistics, around 29.32% of the share is generated by the direct search, while 6.19% is from paid search in motorola.com
Furthermore, other traffic sources towards motorola.com are referrals search (4.57%), social (2.25%), mail (1.03%), and display (1.48%).

By Social Media Referral Rate

(Reference: similarweb.com)

Motorola Statistics also shows that YouTube has the highest social media referral rate, with a 59.44% share compared to other social networks.
Facebook and Reddit contribute by 19.01% and 14.83%, respectively.

Social media Traffic sent by Twitter is 3.69%, and TikTok contributes 2.02%.
Other social media networks within motorola.com have a nominal contribution, collectively around 1.01%.

Conclusion

Motorola stands as a pioneering force in the telecommunications and consumer electronics industry, which is marked by its long history of innovation and technological advancement. The company’s focus on innovation, sustainability, and customer satisfaction ensures that it remains competitive and well-positioned for future growth. As Motorola continues to innovate and meet consumer needs, it will likely maintain its important role in the global market.

Sources

Macrotrends

Companiesmarketcap

Wikipedia

Similarweb

Statista

Bankmycell

Oberlo

Finance yahoo

Joseph D'Souza

Joseph D'Souza started Coolest Gadgets in 2005 to share his love for tech gadgets. It has since become a popular tech blog, famous for detailed gadget's reviews and companies statistics. Joseph is committed to providing clear, well-researched content, making tech easy to understand for everyone. Coolest Gadgets is a trusted source for tech news, loved by both tech fans and beginners.