The worldwide smartphone market declined by 14% year-over-year to achieve 280.2 million items within the first quarter (Q1) of 2023, based on Counterpoint Analysis.
Samsung surpassed Apple because the main smartphone participant, however, among the many high 5 manufacturers, Apple skilled the least year-over-year cargo decline, leading to its highest-ever Q1 market share of 21%.
By way of regional efficiency, the Center East and Africa (MEA) market exhibited the one single-digit decline at 8%, though this was based mostly on a comparatively small market dimension, based on Counterpoint Analysis. Europe noticed the biggest decline for any area, with a 41% lower, primarily pushed by Russia and Central and Japanese Europe.
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