BOSTON—Global smartphone shipments fell -11% YoY to 314 million models in Q1 2022 but Samsung topped the global smartphone sector with a healthy 24% share, the best 1st quarter general performance more than the previous 5 many years, stories Approach Analytics.
Apple was in next spot with 18% share. Xiaomi, OPPO (which include OnePlus) and vivo stayed in the prime 5 record.
“Global smartphone shipments fell -11% YoY to 314 million models in Q1 2022,” said Linda Sui, senior director at System Analytics. “This is the third consecutive quarter of yearly drop by smartphone volumes. Manufacturing facility constraints and ingredient shortages ongoing to prohibit smartphone offer in the initial quarter of this 12 months. Meanwhile, unfavorable financial disorders, geopolitical challenges, as very well as COVID-19 disruption (China rolling lockdown etcetera.) continued to weaken consumers’ demand on smartphones and other non-vital merchandise.”
“We estimate Samsung delivered 75 million smartphones and topped the global smartphone industry with a healthy 24% share in Q1 2022,” included Woody Oh, Director at System Analytics. “It is the vendor’s highest to start with quarter performance by market place share due to the fact 2017. Demand from customers was robust for the freshly launched flagship Galaxy S22 collection, specially the increased-priced S22 Ultra model. Meanwhile, Samsung proceeds to ramp up mass industry A collection in many markets. Apple shipped 57 million iPhones around the world, up +1% YoY, for 18% world-wide marketshare in Q1 2022. Apple experienced a good quarter, led by Iphone 13 sequence and the recently launched Iphone SE (2022), which starts to develop into a volume driver in reduced segment. Apple also captured the highest to start with quarter market place share since 2013, at the expenditure of primary Chinese brands who are hampered by the sluggish house market.”
For the entire yr the corporation is forecasting a slight drop of 1% to 2% in 2022, said Sui. “This 12 months will be a tale of two halves,” she reported. “Geopolitical troubles, ingredient shortages, selling price inflation, trade fee volatility, and Covid disruption will proceed to weigh on the smartphone market place throughout the initial 50 % of 2022, right before the condition eases in the second fifty percent owing to Covid vaccines, fascination rate rises by central financial institutions, and considerably less offer disruption at factories.”