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It had been 10 years since so few mobile phones were sold as now, what is happening?

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The ‘smartphone industry’ is contracting rapidly, and in a fateful 2022 it returned to figures from a decade ago, falling approximately 11% year-on-year.

It had been 10 years since so few mobile phones were sold as now, what is happening?
Mobile phone stores have never been as empty as in this past year 2022.

They already warned us all reports of the last quartersbut it is that until now we had not seen any study as thorough as this one from Canalys that our fellow students shared with us. TechCrunchand in which it is warned a lousy 2022 for the industry of smartphones. In fact, it has been the worst year of all the last years.

The truth is It’s been almost a decade since so few mobile phones were sold as throughout the past year, and to show a button, because the year-over-year drop in fourth quarter of the financial year 2022 reached the significant figure of 17% negative counting that it is there where the Christmas campaign and the previous offers of black Friday and the like, which are the ones that concentrate the bulk of sales in the industry.

If that wasn’t a very reliable indicator, let’s go to the figures for the full year 2022in which it is registered 11% fewer smartphones delivered than in all of 2021course that had not been too buoyant either due to the pandemic and all the supply problems that happened to it… Things are not looking good!

Apple is the only mobile brand to escape the recession… for now

Canalys experts say that we are living “extremely challenging years for all providers”and is that the slowdown in mobile sales had already begun in 2020with the first side effects of a pandemic that virtually halted all production in Chinain the end, the main supplier of components and/or assembled mobiles for almost all manufacturers.

Now the pandemic seems to be coming to an end, but the theater of war, geopolitical tensions and runaway inflation They have made the winds do not change and the trend continues to be negative. Canalys is not too optimistic Also for the next few months:

We would have to go back to 2013 to find lower numbers, and back then the market situation was very different because many of the technologies were still emerging.

Sales of smartphones 2020-2022, according to Canalys

Global smartphone sales between 2020 and 2022), as estimated by Canalys.

During the fourth quarter of 2022, Apple returned to command the market leaning on its new arrivals iPhone 14 to pull the bandwagon a bit, although Samsung finished as number 1 if we take the entire year 2022 to continue maintaining its position as the largest manufacturer globally. And except for these two manufacturers, everyone else has been plunged into fallsreductions in their business volumes or drops in their income statements.

The behavior has been strange, according to what they tell us, and it is that the industry experienced a small rebound when supply chain constraints eased, especially at the end of 2021reversing that positive trend in a 2022 that has fallen resoundingly up to figures from 10 years ago.

Economic uncertainty and inflation remain, so 2023 will start shaky waiting for new flagshipsince the mid-range and affordable is the one that has fallen the most in demand. In any case, the increases in interest and the economic problems do not bode well for mobile phones that are well over 1,000 euros in price.

And you, do you think about changing your mobile in this 2023?



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