Our Q3 2023 Market Monitor report has been published. We release one infographic each quarter to summarize the global smartphone market activities in a single page.
Some quick observations on the smartphone market:
- The global smartphone market declined 1% YoY in Q3 2023 to reach 299.8 million units.
- Samsung declined 8% YoY in Q3 2023 despite growing 11% QoQ and retaining its position as the top smartphone player.
- Among the top 5 smartphone brands, Xiaomi was the only one to grow YoY in Q3 2023, shipping 41.5 million units.
- Among the top 10 smartphone brands, HONOR, Motorola, TECNO and Huawei saw double-digit annual growth. Infinix and itel, the other Transsion brands, also experienced double-digit annual growth.
- In terms of regional performance, the Middle East and Africa (MEA) exhibited the highest annual shipment growth while North America experienced the highest decline.
Use the button below to download the high resolution PDF of the infographic:
Author
Team Counterpoint
Counterpoint Research is a global industry and market research firm providing market data, intelligence, thought leadership and consulting across the technology ecosystem. We advise a diverse range of global clients spanning the supply chain – from chipmakers, component suppliers, manufacturers and software and application developers to service providers, channel players and investors. Our veteran team of analysts serve these clients through our offices located across the key innovation hubs, manufacturing clusters and commercial centers globally. Our analysts consistently engage with C-suite through to strategy, market intelligence, supply chain, R&D, product management, marketing, sales and others across the organization. Counterpoint’s key coverage areas: AI, Automotive, Cloud, Connectivity, Consumer Electronics, Displays, eSIM, IoT, Location Platforms, Macroeconomics, Manufacturing, Networks & Infra, Semiconductors, Smartphones and Wearables.
