Market Monitor I Quarterly Smartphone Vendor Region Value Share 2022 Q3
Nov 29, 2022
|
Author : Harmeet Singh Walia
Overview:
This report from Counterpoint’s Market Monitor service highlights the regional revenues and ASPs for 42 brands in the smartphone segment. These 42 brands together capture close to 95% of the total market by revenues.
Summary:
- Global smartphone market wholesale revenue declined 3% YoY but grew 5% QoQ to just under $100 billion in Q3 2022.
- The top five smartphone brands contributed almost 85% of the total revenue.
- Among regions, China led the revenue share (25%) driven by strong 5G smartphone penetration.
- China’s share of the global smartphone market is down from over 27% in Q3 2021 to under 25% in Q3 2022 as North America, which achieved the highest revenue share since at least Q1 2018 of 23%.
Publication Date: November 2022
