Shulou(Shulou.com)11/24 Report--

CTOnews.com, Nov. 15 (Xinhua)-- market survey agency TechInsights said today that shipments of Q3Mague 5G smartphones in 2023 showed single-digit changes for the fifth consecutive quarter compared with the same period last year. The 5G smartphone market has entered a period of stagnation and developed markets have become saturated. The next growth is expected to come from emerging markets, but at a slower pace.

▲ Picture Source TechInsights according to data provided by the agency, Q3 global 5G smartphone shipments increased by 9% in 2023 compared with the same period last year.

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IPhone has 25% market share, and shipments are down 3% from a year earlier.

Samsung mobile phones have a 21% market share, and shipments are up 6% year-on-year.

Xiaomi mobile phones account for 14% of the market share, and shipments are up 17% from a year earlier.

OPPO mobile phones occupy 9% market share, and shipments are down 10% from a year earlier.

Vivo mobile phones occupy 9% market share, and shipments increase 17% year-on-year

Glory mobile phones account for 7% of the market share, and shipments are up 11% from a year earlier.

TechInsights says 2023 will be a difficult year for many manufacturers. Growth has stagnated below 10 per cent, suggesting that the 5G market will face tough times. Major markets are close to saturation and growth will be affected as most of the world's markets fall into recession. The leading regions for 5G smartphones are Asia-Pacific, North America and Western Europe, while the leading countries are China, the United States and South Korea.

Referenc

Q3 2023: global 5G smartphone Market

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