Canalys: Global smartphone shipments declined by 9% in Q3 2022
The preliminary values for global smartphone shipments for the July-September period are in and Canalys reports a 9% decline compared to last year. A combination of decreased consumer spending and economic uncertainty led the smartphone market to its worst quarterly result since Q3 2014.
Samsung retained its leading spot with a 22% market share thanks to big promotions on stock phones which helped reduce built-up inventory. Apple came in second place with an 18% market share and the only top-five vendor to experience positive yearly growth. Xiaomi came in third place with a 14% share followed by Oppo with 10% and vivo with 9% respectively.
| Worldwide smartphone shipment share by top vendors | Canalys Preliminary Smartphone Market Pulse: Q3 2022 | |||||
| Vendor | Q3 2022 market share | Q3 2021 market share | |||
| Samsung | 22% | 21% | |||
| Apple | 18% | 15% | |||
| Xiaomi | 14% | 14% | |||
| Oppo | 10% | 11% | |||
| vivo | 9% | 11% | |||
| Others | 27% | 28% | |||
| Notes: percentages may not add up to 100% due to rounding Source: Canalys estimates (sell-in shipments), October 2022 |
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Looking ahead, Canalys analysts predict little signs of improvement for smartphone demand heading into Q4 2022 and H1 2023. Vendors will need to regulate production forecasts with their supply chain partners.
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- 3RM
If it's not South Korean, Japanese or American, I'm not interested and I'm not spending one euro on other no-name replica brands.
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