After 2022 Dip, Smartphone Shipments to Rebound Somewhat, Says ABI
Smartphone shipments worldwide dropped 9.6% year over year in 2022, but the market is expected to grow 2.4% this year, with shipments of 1.24 billion globally, ABI Research said Tuesday. It said the global smartphone market should grow annually 1.5%…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
between 2023 and 2028. It said COVID-19 pandemic issues are overshadowed now by trade wars, the overall economy, inflation and supply chain issues. But offsetting those will be 5G device affordability as a big growth driver, especially in large fledgling markets like India, it said. ABI said Apple dominated market share, claiming 23.8% in Q4 2022, with Samsung following at 19.4%. It said 5G smartphones' share of the overall market was 62% in 2022, up from 44.8% in 2021.