Tag

Global Smartphone Market

All articles tagged with #global smartphone market

technology2 years ago

"Top 10 Global Bestsellers: The Hottest Smartphones of 2023"

The global smartphone market is projected to continue growing, driven by technological advancements and changing consumer preferences. Major players in the industry include Samsung, Apple, and Alphabet. The 10 best-selling smartphones in the world in 2023, based on units shipped, include the Apple iPhone 11, Samsung Galaxy A34 5G, Samsung Galaxy A54 5G, Samsung Galaxy A14 5G, and Samsung Galaxy S23 Ultra. These smartphones offer a range of features and cater to different price points, reflecting the diverse preferences of consumers.

technology2 years ago

Samsung Reigns Supreme as Global Smartphone Market Leader in Q3 2023

Samsung retains its position as the global smartphone market leader in Q3 2023, capturing 20% of the market share with 57.2 million units shipped. Apple secured the second spot with a 17% market share, followed by Xiaomi (14%) and OPPO (9%). The global smartphone market showed signs of recovery in Q3 2023, with shipments falling by 1% to 293.4 million units. The timely rollout of Samsung's foldable devices and the strong demand for Apple's iPhone 15 series contributed to their success. The market is expected to see further growth in Q1 2024, driven by new launches and increased demand in emerging markets.

technology2 years ago

"Q3 Sees Decade-Low in Global Smartphone Market, Says Counterpoint"

The global smartphone market contracted by 8% in Q3, reaching its lowest level in a decade, due to subdued demand for major brands like Apple and Samsung in developed markets, according to Counterpoint Research. The top five brands' market share fell to a three-year low. However, overall shipments rose 2% industrywide from Q2, raising hopes for a potential recovery in the last three months of the year. Counterpoint expects the release of the iPhone 15 lineup and upcoming festive season promotions to support market growth. Emerging markets, particularly the Middle East and Africa, have been a bright spot for smartphone sales.

technology2 years ago

Apple Dominates Global Smartphone Market Despite Industry Slump

Global smartphone shipments are expected to decline by 6% in 2023, reaching the lowest point in a decade, due to economic headwinds in China and declining demand in emerging markets. However, Apple's high-end iPhone sales remain resilient, positioning the company to potentially become the top player in terms of shipments this year. Counterpoint Research suggests that the launch of the iPhone 15 in September could further strengthen Apple's position, particularly in markets like China where there is a growing trend towards premium devices. The reception of the iPhone 15 and Apple's performance in non-core markets will determine if it surpasses Samsung as the number one smartphone maker this year.

technology2 years ago

Apple's Dominance in Premium Smartphone Market Grows in 2022

Despite a 12% YoY decline in global smartphone sales in 2022, the premium (≥$600 wholesale price) smartphone market grew 1% YoY, contributing to 55% of the total global smartphone market revenue for the first time ever. The growth in the premium segment is due to affluent consumers being more immune to macroeconomic difficulties, people spending more on their devices, and the "premiumization" trend across regions. Apple captured three-fourths of all smartphone sales in the premium market, followed by Samsung. Android has been ceding share to iOS in the premium segment, but Android could see a new wave of growth in 2023 with more OEMs launching foldable devices.