Market Monitor | Quarterly Vendor Revenue By ASP Q4 2022
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Feb 21, 2023
Overview:
Global handset market wholesale revenue declined 16% YoY but grew 13% QoQ to a close to $113 billion in Q4 2022.
Smartphone revenue share accounts for over 99% of the overall handset market by revenue.
The top five smartphone brands contributed over 84% of the total revenue.
Global smartphone ASP grew 3% YoY in Q4 2022 and 13% QoQ.
Apple led the global smartphone market in revenue terms in Q4 2022 with new iPhone revenue of over $63 billion and revenue share of almost 50%.
Huawei’s revenue grew by 26% YoY, the fastest among the top 10 smartphone OEMs. Outside of the top 10, Google was among the best-performing major smartphone OEMs with a 186% YoY growth, thanks to the success of its Pixel 7 series.
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