Samsung Continues to Lead Smartphone Market Despite Fall in Shipments in Q1: Canalys 4r3e2q

Samsung saw a two percent increment in its market share from last year, while Apple grew its share by three percent, according to Canalys. 41029

Samsung Continues to Lead Smartphone Market Despite Fall in Shipments in Q1: Canalys

Photo Credit: Samsung 6t3r24

Samsung Galaxy S22 series helped the company grow its market

Highlights
  • Samsung captured a 24 percent share in the global market
  • Apple managed to grow its share to 18 percent in Q1
  • Worldwide smartphone shipments dipped 11 percent year-on-year
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Samsung has continued to lead the smartphone market despite a fall of 11 percent year-on-year in the worldwide shipments in the first quarter of 2022, according to a report. The South Korean company introduced its Galaxy S22 series in the quarter that has apparently helped grow its market share. After Samsung, Apple retained its second position in the global market. Both Samsung and Apple expanded their market share in the quarter. However, top-three Chinese players — Xiaomi, Oppo, and Vivo — saw declines in their shares.

Market research firm COVID-19 pandemic and sluggish seasonal demand in the first quarter.

However, the dip did not result in an adverse environment for replaced the Galaxy Note series by offering an integrated S Pen stylus and a top-notch combination of hardware and software.

Samsung was not the only vendor in the race to see growth despite the overall decline in shipments. Apple also increased its market share to 18 percent in the first quarter from 15 percent in the same quarter last year, according to Canalys.

The Cupertino company saw a growing demand for its iPhone 13 series in the quarter, the firm said.

"While the iPhone 13 series continues to capture consumer demand, the new 5G connectivity that operator channels are demanding."

Unlike Samsung and Apple, Chinese smartphone makers in the top-five list of vendors globally were not able to grow their market in the first quarter. Canalys' report shows that Vivo, instead, saw dips in their shares.

Xiaomi continued to be in the third position, though its share in the market dropped to 13 percent in the first quarter of 2022 from 14 percent in the same quarter of 2021. Similarly, Oppo came fourth, with its share declining to 10 percent from 11 percent in the same quarter last year. Oppo's performance included the shipments of OnePlus phones in the market worldwide.

Vivo — the sibling of Oppo and a subsidiary of China's BBK Electronics — also saw a dip of two percent in its share from 10 percent in the first quarter of 2021 to eight percent in the last quarter, as per the data shared by Canalys.

Smartphone vendors' worldwide market share

Vendor Q1 2021 market share Q1 2022 market share
Samsung 22 percent 24 percent
Apple 15 percent 18 percent
Xiaomi 14 percent 13 percent
Oppo 11 percent 10 percent
Vivo 10 percent 8 percent
Others 28 percent 27 percent

 

"While Chinese vendors are still suffering supply constraints at the low end, their global expansion is being hampered by a slowdown in their home market," said Chaurasia.

The ongoing Russia-Ukraine conflict, China's fresh lockdowns, and the threat of inflation are amongst the few major hurdles for smartphone manufacturers around the globe. Consumer demand across the worldwide market is also not favourable to bring any significant growth.

"Vendors must equip themselves to respond quickly to emerging opportunities and risks while staying focused on their long-term strategic plans," said Canalys VP Mobility Nicole Peng. "The good news is that the painful component shortages might improve sooner than expected, which will certainly help relieve cost pressures."

The new problems for smartphone vendors emerged just months after the market started to recover from the COVID-19 impact. It saw a seven percent year-on-year growth in shipments to 1.35 billion units in 2021, a previous report by Canalys showed.

That said, manufacturers are busy developing their new models to convince customers and make the market favourable for them in the coming months. Samsung, mid-range models that could start arriving as early as this quarter.


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