Skip to main content

Apple Led Smartphone Market in Holiday Quarter Amid Largest-Ever Decline in Smartphone Demand: IDC

Global smartphone shipments reportedly declined by 18.3 percent, year-over-year (YoY) in Q4 2022. Falling consumer demand, high inventory, and market uncertainties are said to be the main reasons for the drop in shipments, according to a survey conducted by International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker. While Apple topped the global smartphone shipments in Q4 with a 24.1 percent market share, Samsung and Xiaomi were in second and third spots with 19.4 percent and 11 percent of market share respectively.

According to a report published by IDC's Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments have fallen by 18.3 percent YoY to 300.3 million units in the fourth quarter of 2022 (4Q22). The quarterly drop between October and December 2022 is said to be the largest-ever decline in a single quarter. It has also resulted in an overall decline of 11.3 percent for the year 2022. The research director at the firm has cited the fallen consumer demand and the high inventory as the two main reasons for this decline.

The report has also given details of the smartphone manufacturing ecosystem with Apple leading smartphone shipments with 24.1 percent of the market share. Samsung and Chinese smartphone manufacturer Xiaomi have 19.4 percent and 11 percent of the market share, as per the report. Oppo and Vivo is said to hold the fourth and fifth spots in terms of smartphone shipments.

The report further says that smartphone shipments for 2022 closed at 1.21 billion units, which is the lowest annual shipment total since 2013. It adds that these companies need to push for a 2.8 percent recovery this year, while cautioning about downward risks to the prediction. "However, on a positive note, consumers may find even more generous trade-in offers and promotions continuing well into 2023 as the market will think of new methods to drive upgrades and sell more devices, specifically high-end models," the report states.

Last month, a survey published) by market research firm Counterpoint Research stated that Made in India smartphone shipments have fallen by 8 percent year-on-year (YoY) between July and September 2022. According to the report, Oppo has the highest market share of 24 percent in Made in India smartphone shipments in Q3, followed by Samsung and Vivo.

The iQoo 11 is currently the most powerful Android phone you can buy in India. Should you buy it right away? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.


from Gadgets 360 https://ift.tt/SjKXvJ6
Labels:

Comments

Post a Comment

Popular posts from this blog

Samsung Galaxy S24 Series Pre-Order Details Leak Out; Galaxy S24+ Spotted on Walmart Listing

Samsung Galaxy S24 series is expected to be unveiled on January 17 and past rumours have already given us a fair idea of what to expect from the new flagship phones. The most recent leaks suggest video recording upgrades on the Samsung Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra along with some pre-order perks. The regular models are also tipped to be priced lower than their predecessors. The Galaxy S24 Ultra, in contrast, could see a price jump across all three storage variants. Meanwhile, Walmart accidentally listed the Galaxy S24+ on its online website, whereas Samsung retailers in Brazil have also started teasing the phone ahead of the debut. On X (formerly Twitter), Tipster Ice Universe (@UniverseIce)  posted that Samsung's flagship Galaxy S24 phones will be priced slightly lower than expected. He claimed that Galaxy S24 and Galaxy S24+ stock is large this time as the company is optimistic about the upcoming phones. Further, the Galaxy S24 series is said to offer the abili
Post a Comment
Read more

End-of-Season Savings on Convertible Air Conditioners Starting at Rs. 22,990

Check out Croma's latest deals on Convertible Air Conditioners, with prices starting from just Rs. 22,990. This sale brings together top brands like Voltas, Daikin, and Croma, offering a mix of high-tech features and value for money. Whether you're looking for energy-saving options or models with the latest cooling technology, there's something for everyone. Plus, these ACs are more environmentally friendly. Big discounts on the usual prices and special bank offers make this a great time to upgrade your air conditioner. Croma 4 in 1 Convertible 1.5 Ton 3 Star Inverter Split AC Get the Croma 4 in 1 Convertible AC at a great deal of Rs. 28,990, down from Rs. 42,000. Made for compact spaces, this 3-star, 1.5 Ton AC is efficient and eco-friendly, complete with a PM 2.5 filter. HDFC Bank users can avail themselves of an extra discount, making it an even better bargain. Buy now at: Rs. 28,990 (MRP Rs. 42,000) Voltas 183V Vectra Platina 4 in 1 Convertible 1.5 Ton 3 Star Invert
Post a Comment
Read more

Google Pixel Watch 2 Spotted on Google Play Console; Specifications, Chipset Tipped

Google Pixel Watch 2 is expected to launch soon as the successor to the Google Pixel Watch , which was released in October 2022. The debut Pixel Watch model has a 1.2-inch AMOLED touch display protected by 3D Corning Gorilla Glass 5 and an Exynos 9110 SoC. The watch also claimed to have a battery life of up to 24 hours. However, the upcoming Pixel Watch 2 is expected to include an improved SoC and battery. There have been several rumours about the purported smartwatch. The wearable was reportedly spotted on Google Play Console, where some key specifications were listed. A 9to5Google report says that the Pixel Watch 2 was recently spotted on the Google Play Console. The listing shows some key details of the smart wearable, including its processor, display and software specifications. The report says that the watch is likely to be powered by a Qualcomm SW5100 SoC, which claims to be the Snapdragon W5 chipset, not the W5+ variant. It is also tipped to retain 2GB of RAM from the precedi
Post a Comment
Read more