Our Q2 2022 Market Monitor report has been published. We release one infographic each quarter to summarize the smartphone market activities in a single page.
Some quick observations on the smartphone market:
- The global smartphone market declined by 9% YoY and 10% QoQ to 294.5 million units in Q2 2022.
- This was the first time since Q2 2020 during the early part of the COVID-19 pandemic that the quarterly shipments dropped below 300 million units.
- Samsung was the only top-five smartphone brand to grow YoY. Its shipments increased 8% YoY and its market share grew by three percentage points to 21%.
- Apple’s shipments declined by 5% YoY in Q2 2022, although its share increased in a diminished market.
- Apple’s shipments declined 5% YoY in Q2 2022, although its share increased in a weak market.
- Xiaomi, OPPO* and vivo, hit by China lockdowns, suffered double-digit YoY declines in their respective shipments.
- HONOR's shipments grew 75% YoY in Q2 2022 to 14.7 million units. Consequently, its market share went up to 5% from 3% in the same quarter of last year.
Use the button below to download the high resolution PDF of the infographic:
Author
Team Counterpoint
Counterpoint Research is a global industry and market research firm providing market data, intelligence, thought leadership and consulting across the technology ecosystem. We advise a diverse range of global clients spanning the supply chain – from chipmakers, component suppliers, manufacturers and software and application developers to service providers, channel players and investors. Our veteran team of analysts serve these clients through our offices located across the key innovation hubs, manufacturing clusters and commercial centers globally. Our analysts consistently engage with C-suite through to strategy, market intelligence, supply chain, R&D, product management, marketing, sales and others across the organization. Counterpoint’s key coverage areas: AI, Automotive, Cloud, Connectivity, Consumer Electronics, Displays, eSIM, IoT, Location Platforms, Macroeconomics, Manufacturing, Networks & Infra, Semiconductors, Smartphones and Wearables.
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