The smartphone market is experiencing one of the worst scenarios in the last decade
July 1, 2022
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AT sale of smartphones worldwide fell below 100 million units in one month for the second time in eight years. Although the pandemic has affected several businesses, the
AT sale of smartphones worldwide fell below 100 million units in one month for the second time in eight years. Although the pandemic has affected several businesses, the mobile phone industry has not fallen below this mark even in 2020 and 2021, when the world was devastated by Covid-19. The results were presented Study of counterpointtechnology market research company.
01/07/2022 at 09:13
News
Apple raises iPhone 13 prices in Japan, which is a bad sign
The iPhone 14 is supposed to be more expensive globally.
May brought monthly and annual decline in the industry
Company data show that 96 million smartphones In May. The figure shows a 4% drop from the previous month and a 10% drop from May 2021 year on year. 2016 and 2017 were the best years for smartphones. About 1.5 billion devices were sold in two years, with 2017 breaking the sales record. In 2021, that mark was just under 1.4 billion.
The reason for the low number of units sold is a combination of several factors. As financial fear of the pandemic wore off ($1.3 billion) smartphones were sold) and the shortage of wood chips is gradually overcome and the supply chain is restored, new problems have arisen. Inflation is growing in the United States and the country sees a difficult financial scenario ahead – with the possibility of entering a recession – and demand is declining. The Chinese dragon is seeing its economic growth take off the accelerator. And in February of this year, Russia invaded Ukraine, wreaking havoc on the global economy — which is also one of the reasons for US and Chinese discontent.
Sales will be lower than in 2021
According to Study of counterpointtotal sales in 2022 will be 5% lower than in 2021. The company’s forecast is so pessimistic that it does not believe that the upcoming sales smartphones and releases produced by manufacturers will be enough to pass the 1.4 billion mark. Next month, Samsung will release a new generation of folding models. Already in September Apple will launch a series iphone 14with the subsequent launch of the line pixel 7 wool Google. Due to the mentioned economic problems, launches should not have attractive prices for consumers.
I’m Maurice Knox, a professional news writer with a focus on science. I work for Div Bracket. My articles cover everything from the latest scientific breakthroughs to advances in technology and medicine. I have a passion for understanding the world around us and helping people stay informed about important developments in science and beyond.