CHART: Global smartphone shipments expected to reach record low in 2023

A recent finding from Counterpoint Research has projected a further contraction in global smartphone deliveries for the full-year 2023.

Recall that global smartphone sales sustained a record fall in 2022, tumbling 11% year-on-year to 1.2 billion units, the lowest figure seen in nearly a decade as a slowing economy curtailed consumer demand.

The global smartphone market sees another tough year with an 11% drop in shipments during 2022

The global smartphone market faced another difficult year with an 11% drop in shipments in 2022, according to new data from Canalys. This was the lowest number seen in nearly a decade, with the last time figures were this low being in 2013. The market faced challenges from the pandemic,

TechloyAcquah Nana Yeboah

The market intelligence service now foresees a further reduction in this figure, predicting a decline to 1.15 billion units—marking the lowest level in a decade and representing a 6% year-on-year drop, as the Techloy chart below shows.