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 9% YoY but 6% QoQ to clock under $87 billion in Q2 2023.
- The top five smartphone brands contributed almost 80% of the total revenue.
- Among regions, China led the market, although with a declining revenue share which declined by over 1% to just over 23% since Q1 2023.
- The smartphone share of the Middle East and Africa (MEA), on the contrary, grew to an all-time high of over 14%.
Published Date: August 2023