January 25, 2023
idc smartphone market sees an 183 decline during 2022s last quarter
The IDC Smartphone Tracker reported a pretty subpar record of worldwide smartphone shipments for Q4 2022 as the market contracted by 18.3% to 300.3 million shipments. All five major brands faced double-digit declines on the yearly basis compared to Q4 2021 and the total figure represents the largest quarterly decline.
The big Q4 decline in shipments contributed to the yearly contraction of 11.3% compared to 2021 figures. A grand total of 1.21 billion smartphones were shipped in 2022 compared to 1.36 billion in 2021.
Q4 2022 shipments (million)