BOSTON—Global smartphone shipments fell -11% YoY to 314 million units in Q1 2022 but Samsung topped the international smartphone sector with a nutritious 24% share, the highest initially quarter functionality over the previous 5 a long time, experiences Method Analytics.
Apple was in second put with 18% share. Xiaomi, OPPO (which includes OnePlus) and vivo stayed in the top 5 list.
“Global smartphone shipments fell -11% YoY to 314 million models in Q1 2022,” said Linda Sui, senior director at Strategy Analytics. “This is the third consecutive quarter of annual drop by smartphone volumes. Factory constraints and ingredient shortages ongoing to restrict smartphone supply in the very first quarter of this year. In the meantime, unfavorable financial circumstances, geopolitical challenges, as very well as COVID-19 disruption (China rolling lockdown and many others.) continued to weaken consumers’ need on smartphones and other non-crucial solutions.”
“We estimate Samsung shipped 75 million smartphones and topped the world smartphone market with a healthful 24% share in Q1 2022,” additional Woody Oh, Director at System Analytics. “It is the vendor’s best very first quarter overall performance by market place share due to the fact 2017. Demand from customers was solid for the freshly introduced flagship Galaxy S22 collection, especially the larger-priced S22 Ultra model. In the meantime, Samsung carries on to ramp up mass industry A collection in multiple marketplaces. Apple shipped 57 million iPhones throughout the world, up +1% YoY, for 18% global marketshare in Q1 2022. Apple had a good quarter, led by Iphone 13 series and the recently launched Iphone SE (2022), which begins to become a quantity driver in decrease phase. Apple also captured the maximum to start with quarter current market share since 2013, at the price of leading Chinese brand names who are hampered by the sluggish home market place.”
For the full calendar year the company is forecasting a slight decline of 1% to 2% in 2022, mentioned Sui. “This year will be a tale of two halves,” she claimed. “Geopolitical difficulties, element shortages, price tag inflation, trade fee volatility, and Covid disruption will go on to weigh on the smartphone marketplace through the first fifty percent of 2022, prior to the situation eases in the second 50 percent due to Covid vaccines, fascination charge rises by central financial institutions, and significantly less supply disruption at factories.”