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Worldwide Smartphone Market Shares, 2022: A Painful Year for Smartphones

Publisher IDC
Published Apr 17, 2023
Length 9 Pages
SKU # IDC17883552

Description

Worldwide Smartphone Market Shares, 2022: A Painful Year for Smartphones

This IDC study examines the market share of the major vendors in the worldwide smartphone market in 2022."Throughout 2022, we continued to witness consumer demand fade as refresh rates climbed well past 40 months in most major markets," said Anthony Scarsella, research director with IDC's Worldwide Quarterly Mobile Phone Tracker. "With 2022 declining more than 11% for the year, 2023 is set up to be a year of caution as vendors will rethink their portfolio of devices while channels will think twice before taking on excess inventory. However, on a positive note, we have seen the performance of foldables increase over the past year. Foldables grew 74% in 2022 and are forecast to grow 51% in 2023 as consumer interest starts to elevate in developed markets.

Please Note: Extended description available upon request.

Table of Contents

9 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Dependance on China for Supply Chain
Foldables to Grow
Affordable 5G for Emerging Markets
Market Share
Who Shaped the Year
Market Context
Significant Market Developments
New Form Factors
Satellite Capabilities Head to Smartphones
Methodology
Market Definition
Feature Phones
Smartphones
Related Research
How Do Licenses Work?
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