Market Monitor | Quarterly Vendor Revenue By ASP Q3 2023

Nov 24, 2023

To quickly summarise:

Global handset market wholesale revenue declined 2% YoY despite growing 13% QoQ to close to just under $99 billion in Q3 2023.
Smartphone revenue share accounts for close to 99% of the overall handset market by revenue.
The top five smartphone brands contributed almost 80% of the total revenue.
Global smartphone ASP declined by 1% YoY despite growing by 1% QoQ thanks to Apple's shipments growing by 8% QoQ.
Apple led the global smartphone market in revenue terms in Q3 2023 with the new iPhone revenue share of 44.5%, a 2% increase since the same quarter last year.

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