Market Monitor | Quarterly Vendor By Revenue By ASP Q1 2022

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May 19, 2022

To quickly summarise:

  • Global handset market wholesale revenue declined 2% YoY and 17% QoQ to $111 billion in Q1 2022.
  • Smartphone revenue share accounts for 99% of the overall handset market by revenue.
  • The top five smartphone brands contributed more than 80% of the total revenue.
  • Global smartphone ASP increased 9% YoY in Q1 2022, driven by the iPhone 13 series.
  • Apple led the global smartphone market in revenue terms in Q1 2022 with revenue of over $50 billion.
  • HONOR’s revenue grew 188% YoY, the fastest among the top 10 smartphone OEMs.

Table of Contents:

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Category

Industry

Smartphone

Report Type

Report

Time period

Quarterly

Summary

Published

May 19, 2022

Contact us

Author

Harmeet Singh Walia

Harmeet works in Counterpoint Research’s India team, where he focuses on smartphone shipment forecasts, extended reality, consumer research and consulting projects. He was previously a consultant, formulating digital transformation & M&A strategies for companies in sectors including TMT and electronic manufacturing. He also has over five years of analyst experience working for the Economist Group and in investment banking. Harmeet holds a finance-focused masters from Warwick Business School.

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