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HomeTechnologyMobileCounterpoint: 96 million smartphones sold globally in May

Counterpoint: 96 million smartphones sold globally in May

According to Counterpoint Research’s Market Pulse Service, international smartphone gross sales declined to 96 million items in May. The determine represents a 4% decline in comparison with April and a ten% fall towards the figures from May 2021. The noteworthy bit is that that is solely the second time within the final ten years that the determine has dropped beneath 100 million items for the interval.

Counterpoint Research Monthly Market Pulse – May 2022

The 96 million is the second consecutive month-to-month decline and an eleventh straight month of yearly gross sales decline. Despite the sturdy rebound after the preliminary COVID-19 wave in 2020, smartphone gross sales are nonetheless not again to pre-pandemic ranges. The ongoing provide chain points are stabilizing although rising inflation ranges coupled with manufacturing unit slowdowns in China and the Ukraine disaster are the principle components limiting smartphone demand.

Due to the lowered demand, smartphone distributors are experiencing stock build-up which is predicted to indicate its toll within the Q2 smartphone shipments information. Looking forward Counterpoint analysts predict the scenario to enhance in H2 as provide chains normalize and factories in China function at full ranges.




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