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Smartphone market to drop globally to 1.36 B units in 2022

Smartphone market to drop globally to 1.36 B units in 2022

<p>Counterpoint Research says total smartphone devices delivered globally in 2022 would drop to 1.36 B &nbsp;from 1.39 B in 2021. Smartphone shipments are expected to decline by 3% in 2022 due to component shortages. The expectation for a resurgence in H2 remains positive, owing primarily to 5G devices. Consumer demand and smartphone BoM costs have been affected by recent global inflation patterns, posing a threat to the smartphone market in 2022.</p>

Read full story at Business Today
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