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Mexico Mobile / Insights

CHART: Mexico's smartphone market faces a 21% YoY decline in Q4 2022

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
Updated
CHART: Mexico's smartphone market faces a 21% YoY decline in Q4 2022
Photo by Daniel Romero / Unsplash

Mexico's smartphone market experienced a challenging year in 2022, with Q4 shipments dropping 21% year-over-year, and the total addressable market (TAM) decreasing by 7%, according to Counterpoint Research's Market Monitor service.

With the second-largest smartphone market in Latin America, Mexico has traditionally been a popular location for OEMs to launch their Latin America operations.

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
Updated

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