Analysis & Features

Smartphone shipments to Africa and Middle East drop to lowest first quarter level since 2016

Africa and Middle East (MEA) smartphone shipments reduced by 11% YoY in the first quarter of 2023, or by 3% in QoQ terms. The usual macro headwinds continued to weigh on the market, including high inflation rates, local currency depreciation and weak consumer sentiment. Samsung performed resiliently, with shipments slightly down but with market share trending up, while Apple outperformed prevailing market trends as its YoY shipments rose by 35%. Transsion Group shipments dropped by 19% YoY, as itel continued to slide while Infinix advanced. [c]

Analysis & Features

Global PC shipments dip in first quarter of 2023 as Lenovo remains largest PC vendor

First quarter of 2023 global PC shipments fell by 28% YoY. Inventory digestion likely to end in second quarter of 2023. Although PC demand is expected to gradually recover in the second half of 2023, full-year shipments are set to decline by double-digit percentages. Windows 11, commercial (or flagship) models and replacement cycles are key 2024 growth drivers. [c]

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]