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Global Smartphone Forecast by OEM: December 2021 Update

Dec 20, 2021 | Author : Jene Park

Overview:

The global smartphone market in 2021 is expected to show 1,392 m units, a decrease of 1.6% compared to the September FCST.

The decline in 2021 earnings is mainly due to the sluggish 3Q earnings in Europe and Southeast Asia markets due to the re-spreading of Covid19 strains. In addition, while the overall global parts shortage is likely to continue in the fourth quarter, we expect this shortage to be a limiting factor for the market growth. And also, the sluggish smartphone performance in the Chinese market is expected to continue in the 4th Quarter of 2021.

Published Date: December 2021

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