Smartphone Market

Compendium of Smartphone Market YTD Performance 2022 – An irresistible and addictive technology

Highlights of the report

Shipments of smartphones were negatively impacted by the pandemic that started in 2019, but they unexpectedly recovered in 2020 and continued to rise in 2021. In the meantime, obstacles like chipset shortages slowed them down, and the consequences are still being felt. While there is now a shortage of chip manufacturing capacity in the semiconductor sector, we predict that by 2022, industry will return to their pre-pandemic levels.

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The obvious geographic focus has been on Ukraine, Russia, and the rest of Eastern Europe. The Central and Eastern Europe (CEE) region fell nearly 20% during the quarter, and the outlook for many of those markets remains bleak. However, in terms of volume, CEE accounts for only 6-7% of global shipments and about 5% of market revenue.

The smartphone industry is facing increasing headwinds from a variety of sources, including weakening demand, inflation, ongoing geopolitical tensions, and supply chain constraints. As a result, many OEMs, including Apple and Samsung, have lowered their orders for this year.

 IDC has significantly reduced its forecast for 2022 from the previous projection of 1.6%, citing three consecutive quarters of decline and increasing challenges in both supply and demand. However, IDC anticipates that this will be a short-term setback, with the market recovering to achieve a five-year compound annual growth rate (CAGR) of 1.9% through 2026.

•Executive Summary
– Market Overview
– Industry Outlook
– Stock and Index Performance
– Leading Companies
– Regional Landscape
– Foundry Market
– Application Processor Market
– Operating System Market
– Wearables Market
• CrispIdea Coverage:
– Samsung
– Apple
– LG
– Panasonic
– Sony
– TSMC
– Qualcomm

– Nextera Energy Inc

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Compendium of Smartphone Market YTD Performance 2022 – An irresistible and addictive technology

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