The global smartphone market is expected to experience a little dip this year, as we previously reported. When compared to the European region, which had a bigger decline, this fall is still modest. However, not all of the news is bad because Apple and Samsung continued to see growth
.For those who are unaware, the market for smartphones worldwide decreased by about 3%. However, a Counterpoint Research analysis claims that the European smartphone market had significant declines of 13% in the first quarter and 11% in the second quarter of this year. Only 40 million smartphones were shipped to the region between April and June.
While the Coronavirus outbreak continues to have an impact on the falling smartphone industry, the Russian invasion of the Ukraine unquestionably has a much greater impact. The market is also gripped by a dread of a recession at the same time, and many nations are contributing to the decline in demand as more expensive mobile gadgets are introduced. Nevertheless, the South Korean company with a Cupertino headquarters, Nevertheless, a constructive trend was discernible in the second quarter of 2022.
.jpg)
Not all of the news is positive for either company, though, as Samsung and Apple sold less smartphones in Europe in Q2 2022 than they did in Q1 2022. Xiaomi, a Chinese smartphone manufacturer, comes after these two tech behemoths. The business did succeed in expanding during this time. The same, however, did not apply to Oppo and Realme, who came in fourth and fifth, respectively. Like the rest of Europe, both of these Chinese businesses saw a slump.
