Overview:

• The global smartphone market recovered in 2021 driven by pent-up demand in regions like North America, Latin America and India.
• However, market growth was lower than expected due to the extended impact of COVID-19, Huawei and LG’s exit, and component shortages.
• Majority of the markets posted YoY growth except China and Southeast Asia where demand remained weak.
• The recovery could have been stronger if not for the component shortages that impacted much of H2 2021.
• Major brands navigated component shortages better than second- and third-tier brands.
• Due to the staggered launch of the iPhone 12 in 2020, demand for Apple’s first 5G-enabled phone fell into the first quarter of 2021, which helped the brand’s sales in a normally more subdued quarter.

Table of Contents:

• Global Smartphone Market
• US Market
• China Market
• India Market
• ASEAN Markets
• Europe Market
• MEA Market
• LATAM Market
• Key Highlights

Number of Pages: 21

Published Date: March 2022