In 2022, several countries across the world witnessed a decline in smartphone sales against the backdrop of a global slowdown.
Global smartphone sales sustained a record fall in the year, tumbling 11% year-on-year in 2022 to the lowest figure seen in nearly a decade as a slowing economy strained consumer appetite in the year.
Reduced demand, high inflation, supply chain problems, geopolitical tensions, and the COVID-19 situation in China were some of the macroeconomic challenges that strained the industry during the year.
Based on the data collected from several market intelligence groups tracking smartphone sales, the Techloy chart highlights the decline in smartphone shipments registered across selected emerging markets in the world.
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