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 grew 10% YoY to clock a little under $125 billion in Q4 2023.
- The top five smartphone brands contributed around 80% of the total revenue.
- Among regions, China led the market, although with a sequentially growing revenue share which crossed 27% in Q4 2023 after eight quarters.
- The smartphone revenue share of North America also grew to around 23%, its second consecutive growth after falling for five quarters.
Publishing Date: February 2024