Counterpoint’s Q2 2022 Market Monitor is lastly out. The report showcases the efficiency of various manufacturers throughout the smartphone market.
Counterpoint’s Q2 2022 Market Monitor has hit the market, displaying the newest tendencies within the smartphone business over the past 12 months. The report presents helpful data-driven insights about gross sales, manufacturing, and client behaviour, and is offered to obtain by way of their official web site. Let’s check out among the highlights of this report.
Counterpoint’s Q2 2022 Market Monitor report highlights
In keeping with Counterpoint’s Q2 2022 Market Monitor, the worldwide smartphone market noticed a year-on-year decline to 9% together with a QoQ decline to 10%. Which means that 294.5 million items had been manufactured in Q2 2022. This marks the primary time for the reason that Covid-19 pandemic that quarterly numbers have gone beneath 300 million.
In keeping with the report, Samsung emerged as the one top-five smartphone model that displayed YoY progress. The Korean model’s shipments noticed a rise of 8% YoY whereas its whole market share grew by three proportion factors, taking the quantity to 21%.
Apple, then again, didn’t fare this effectively. The model’s shipments decreased by 5% YoY in Q2 2022, regardless that the corporate did see a rise in market share. HONOR’s shipments noticed a progress of 75% in Q2 2022, taking the quantity to 14.7 million items. Its market share additionally noticed a rise from 3% to five% in the identical quarter. Lockdowns in China impacted the YoY progress of Oppo and Vivo smartphones, resulting in a double-digit decline.
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