China smartphone sales hit a new low in Q2 2022: Report

According to Counterpoint’s Market Pulse research, sales of smartphones in China fell 14.2% YoY in Q2 2022. Volumes for the quarter were less than half of the historical peak of Q4 2016 and were down 12.6% from the level seen during the severely pandemic-hit Q1 2020. The report claims that not nearly ten years ago, in Q4 2012, sales were lower than they are now. Earlier this year, global smartphone chipset shipments declined 5% YoY in Q1, 2022. Continue reading “China smartphone sales hit a new low in Q2 2022: Report”

Made in India smartphone shipments up 7% YoY in Q1 2022

Counterpoint Research has published an interesting market study on ‘Made in India’ smartphone shipments, which increased 7% year-on-year (YoY) in Q1 2022 to reach more than 48 million. OPPO, which also manufactures the realme and OnePlus smartphones in India, led the increase in “Made in India” shipments with a 22% increase over the previous year, followed by Samsung in second place. However, due to low demand, feature phone production fell by 42% year-on-year. Continue reading “Made in India smartphone shipments up 7% YoY in Q1 2022”

India Smart TV shipments up 33% YoY in Q1 2022: Report

According to Counterpoint’s television market analysis for Q1 2022, India’s overall TV market grew 33 percent year-on-year to reach its highest ever at 89 percent, with Xiaomi leading the market, followed by Samsung, LG, and others. Interestingly, the premium TV segment (> INR 30,000) increased by 68.6 percent year-on-year, rising from 23.5 percent in Q1 2021 to 33.6 percent in Q1 2022, accounting for a 10.8 percent year-on-year increase in average selling price (ASP). Continue reading “India Smart TV shipments up 33% YoY in Q1 2022: Report”

Global Smartwatch market records 13% YoY growth in Q1 2022: Report

Counterpoint, a famous research firm, has published a global smartwatch shipments report for Q1 2022, claiming that the market has increased by 13 percent year-on-year and has maintained double-digit growth for the fifth consecutive quarter. When compared to the previous quarter, Q4 2021, the shipments have dropped by 24%. Continue reading “Global Smartwatch market records 13% YoY growth in Q1 2022: Report”

Global Premium Smartphone Market records highest ever 24% YoY sales in 2021: Report

Counterpoint Research produced research on the worldwide premium (>$400/ Rs.30,000 approx, wholesale ASP) smartphone market sales, which increased by 24% year over year to reach their greatest level ever in 2021. According to the report, premium sector growth would outperform the 7% YoY rise in overall global smartphone sales in 2021. The premium market alone accounted for 27% of worldwide smartphone sales, the biggest share in history.  Continue reading “Global Premium Smartphone Market records highest ever 24% YoY sales in 2021: Report”

Over 300 million smart feature phones expected to be sold across the world by the end of 2021 creating US$28 billion revenue

According to Counterpoint Research, over the next three years, nearly 370 million smart feature phones are expected to be sold across the world. This will not only introduce users to customer base to high-speed internet, apps, and services and will also open a new host of business and revenue opportunities for the entire mobile value chain. Continue reading “Over 300 million smart feature phones expected to be sold across the world by the end of 2021 creating US$28 billion revenue”