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Report

Vietnam 2023 Smartphone Market Falls, Apple Boosts Premium Segment

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March 19, 2024

Overview: The Vietnam smartphone market declined in 2023 but is on the path of recovery backed by government initiatives to boost the troubled economy. This report details the impact of poor macroeconomic conditions on different price bands. It also details how the premium smartphone market performed with Apple taking significant strides in Vietnam. This report explores the reason why Apple was able to capture an increased share of the Vietnam smartphone premium market in 2023. It underlines the performance of the latest as well as the old iPhone models series in Apple’s portfolio. This report is useful for anyone who wants to understand the dynamics of Vietnam smartphone market and how Apple performed in the emerging market like Vietnam.

Table of Contents:

  • Vietnam economy and smartphone market overview
  • Premium smartphone segment analysis
  • Apple’s share in premium smartphone segment
  • iPhone 14 series vs iPhone 15 series shipments in Q4 2022 and Q4 2023.
  • Performance of key iPhone models
  • Outlook of Vietnam smartphone market in 2024

Published Date: March 2024

Category

Industry

Smartphone

Service

Asia

Report Type

Report

Time Period

Other

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Author

Shubham Nimkar

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Shubham Nimkar closely tracks the Indian Smartphone market. With a background in social media marketing and degrees in Electronics & Telecommunication and MBA Marketing from BIMTECH, Greater Noida, he operates from Navi Mumbai. He has more than 2 years of experience working on India and Vietnam Smartphone market.