Counterpoint’s Q2 2022 Market Monitor is lastly out. The report showcases the efficiency of various manufacturers throughout the smartphone market.
Counterpoint’s Q2 2022 Market Monitor has hit the market, displaying the most recent traits within the smartphone business during the last yr. The report gives invaluable data-driven insights about gross sales, manufacturing, and shopper behaviour, and is obtainable to obtain through their official web site. Let’s check out a few of the highlights of this report.
Counterpoint’s Q2 2022 Market Monitor report highlights
In line with Counterpoint’s Q2 2022 Market Monitor, the worldwide smartphone market noticed a year-on-year decline to 9% together with a QoQ decline to 10%. Because of this 294.5 million items had been manufactured in Q2 2022. This marks the primary time because the Covid-19 pandemic that quarterly numbers have gone beneath 300 million.
In line with the report, Samsung emerged as the one top-five smartphone model that displayed YoY progress. The Korean model’s shipments noticed a rise of 8% YoY whereas its whole market share grew by three share factors, taking the quantity to 21%.
Apple, however, didn’t fare this properly. The model’s shipments decreased by 5% YoY in Q2 2022, regardless that the corporate did see a rise in market share. HONOR’s shipments noticed a progress of 75% in Q2 2022, taking the quantity to 14.7 million items. Its market share additionally noticed a rise from 3% to five% in the identical quarter. Lockdowns in China impacted the YoY progress of Oppo and Vivo smartphones, resulting in a double-digit decline.
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