Market research company called Counterpoint, by 2022 for the third quarter released data on the smartphone industry. Published data shows that there is a serious contraction in the market, namely a decline in smartphone sales. According to the study, the companies’ revenues rose 3 percent in the third quarter, as did sales figures 12 percent drop included. The industry generated approximately $100 billion in revenue during this 3-month period.

Smartphone market data, 5G phones proven to be a standard now. Because 80 percent of the $100 billion in sales came from phones with 5G support. So for 5G phones all-time record it was broken. So what was the situation like based on brands?

Apple wins rivalry between Apple and Samsung

According to market research by Counterpoint, Apple is expected to increase its market share in the third quarter. dominated 42 percent. In other words, the money entering the company’s coffers amounted to $42 billion. Apple with sales of $18 billion SamsungXiaomi followed with $8 billion in revenue, Oppo and OnePlus with $6 billion and Vivo with $5 billion. Sales of other brands 20 billion dollars was recorded as.

Companies that managed to increase their turnover compared to last year: Apple and Xiaomi

If we compare the revenue with the same period last year, only the smartphone revenue of Apple and Xiaomi we see increasing. The prominent company here is Apple. The company’s market share increased by about 5 percent compared to the previous year. If the sales growth in Xiaomi 6 per thousand was recorded as. The income of the South Korean Samsung fell by 5 per thousand.

In the meantime; Apple’s split-digit market how you dominate We see it all together. So much so that Apple’s revenue from iPhones; It was higher than Xiaomi, Oppo and OnePlus, Vivo and all other brands. While the total revenue of these companies was about $37 billion, Apple alone managed to reach $42 billion.