Analysis & Features

Global smartwatch shipments rise by 12% year-over-year in 2022

The market showed decent YoY growth in 2022, though it dropped 2% YoY in the fourth quarter. Quarterly shipments turned to a YoY decline after seven consecutive quarters of growth. Shipments in the >$400 price band more than doubled in 2022, while the mid-price range saw a YoY drop. Indian brands such as Noise and Fire Boltt found spots in the global top 5 sellers’ list thanks to the rapid growth of their domestic market. [c]

Analysis & Features

2022 global smartphone shipments lowest since 2013 as Apple regains top slot as best selling brand

Global smartphone market declined by 18% YoY to reach 304 million units in fourth quarter of 2022. Apple replaced Samsung as the top smartphone player in fourth quarter of 2022, driven by launch of iPhone 14 series. The 2022 global shipments declined by 12% to 1.2 billion units, the lowest since 2013. Global smartphone revenue declined by 9% to $409 billion, the lowest since 2017. [c]