The infographic below clearly shows that Samsung has surpassed the Apple, as the Apple market share has declined. Below we will clarify what it means:
Overall the globally the smartphone market has declined by 8% Year-over-Year (YoY). On quarterly basis the market has declined by 12% Quarter-to-Quarter (QoQ) which makes around 326 million units in 2022 Q1. Samsung has a market share of 23%. Samsung is leading the market with 74.4 million units as their shipments have increased by 8% QoQ in Q1 of 2022. Apple is having the second highest market share, by covering 18% of the market. Apple’s shipments have declined by 1% YoY and reached 59 million units in Q1 2022. Third in the race is Xiaomi with 12% market share. Then followed by OPPO with 9% market share. Vivo is at second last position with a total of 8% market share In the last is the Honor with 5% market share has increased by 148% to 16 million units in YoY in Q1 2022
This infographics clearly shows that being famous and creating too much hype does not make you the market leader. What makes you a market leader we will discuss in another article. Also Read: Apple Market Share Continues to Decline; Feel Sorry For Apple
