In Q4 2022, the global smartphone market, Apple is expected to surpass Samsung Electronics. The latest market research firm TrendForce via Business Korea reported that in terms of market share in the fourth quarter of this year the iPhone maker Apple will beat Samsung.
In Q3 2022, global smartphone shipments stood at 289 million units, down 0.9 percent from the previous quarter and 11 percent from the same period of 2021.
The report suggests that global smartphone shipments will reach 316 million units in the fourth quarter of this year. Compared to the third quarter, the figure represented an increase of 9.3 percent, but it is lower than in the same period last year.
By company, Samsung Electronics’ market share is expected to dip from 22.2 percent in the third quarter to 20.2 percent in the fourth quarter. On the other hand, Apple’s market share is expected to soar from 17.6 percent in the third quarter to 24.6 percent in the fourth quarter, overtaking Samsung Electronics to take the top spot.
Q3 2022 Shipments
- Samsung shipped 64.2 million units
- Apple shipped 50.8 million units
China’s Xiaomi, Oppo and Vivo, which ranked 3rd to 5th, are all expected to lose market shares in the fourth quarter.
