Smartphone shipments grew last year, for the first time since 2017 – TechCrunch

Date:

Global smartphone shipments had already begun to shrink towards 2020, but the two-year pandemic and the resulting supply chain and chip constraints certainly didn’t help the overall numbers.According to a pair of reports from Counterpoint research When IDCBut last year, the market grew for the first time since 2017.

Counterpoint has an overall year-on-year growth rate of 4%, but is slightly optimistic from IDC at 5.7%. However, both companies showed a 6% and 3.2% decrease in the fourth quarter, respectively. Of course, this decline was expected given the continuing chip shortage that is having a significant impact on smaller manufacturers with less leverage throughout their supply chain than companies like Apple and Samsung.

Both companies put Samsung at the top of the year with a 6% increase, with Apple in second place.Companies also have a recent echo Report from Canalys Apple won the quarter.Apple Confirmed those feelings The excellent quarterly earnings report was not a little energized by the success of the iPhone.

Image credit: Counterpoint research

The company’s iPhone division was $ 71.63 billion, up 9% year-on-year. CEO Tim Cook confirmed that supply chain constraints were an ongoing hurdle for the company, with demand outpacing supply in some markets, but the problem began to ease and progressed. I showed you how to look at it. Problems like this ultimately indicate a market that would otherwise have recovered more robustly.

“The fact that 2021 would have risen significantly without supply constraints adds even more aggressiveness to the 5.7% healthy growth seen in 2021,” IDC Research Director Navira Popal said in a release. I am saying. “I get a message that demand is stagnant in almost every region. Even in China, where there are some challenges with weakening consumer demand, the market in the fourth quarter is better than expected. It’s much better, up 5% to be exact, but still down year-on-year. “

Screen Shot 2022 01 28 at 4.36.52 PM

Image credit: IDC

China continues to be hit hard by supply chain constraints, but in 2021 the second and third largest smartphone markets grew.

“Growth in the United States was driven primarily by the penetration of demand for Apple’s first 5G-enabled iPhone 12 series in the first quarter of 2021. Thanks to the promotion for the Black Friday and Holiday seasons, the fourth quarter. Has been strong and demand has continued throughout the year, “said Counterpoint Analyst Harmeet Shinwaria. “India also had a good year with improved mid-to-high phone exchange rates, increased availability and attractive funding options.”

After nearly a decade of strong growth, before the pandemic, delays in upgrade cycles, high prices, and market saturation have exacerbated the decline in demand. COVID-19 further accelerated the slowdown as consumers became less willing to spend. These issues were exacerbated by supply chain issues, while overall shipments are still below pre-pandemic levels, but stagnation in demand and 5G are again of interest.

Smartphone shipments grew last year, for the first time since 2017 – TechCrunch Source link Smartphone shipments grew last year, for the first time since 2017 – TechCrunch

The post Smartphone shipments grew last year, for the first time since 2017 – TechCrunch appeared first on California News Times.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

St. Mary’s Academy Class of 2022 receives more than $5 million – New Orleans, Louisiana

New Orleans, Louisiana 2022-05-25 21:47:00 – 2022 St. Mary’s...

Woman ordered to drop gun, moments before deputy-involved shooting – Cleveland, Ohio

Cleveland, Ohio 2022-05-25 20:40:10 – Wyndham, Ohio (WJW) –...

Filecoin [FIL]: Unraveling the ramifications of an extended bearish rally

Since September last year, Filecoin (FIL) has consistently shed...