September 22, 2023

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Future Technology

Canalys: Samsung dominated Latin America smartphone market in Q1

Smartphone shipments in Latin America for Q1 totaled 31 million fashions in keeping with the newest Canalays report. The brand new decide represents a 3% decline compared to the very same interval last yr. Samsung was the apparent-cut chief in phrases of shipments (13.4 million) and market share (43%) within the space. Lenovo arrived in second with 5.5 million shipments and an 18% market share however the group additionally noticed essentially the most vital yearly business share drop with a 20% yearly drop. Xiaomi arrived in third with 4.3 million shipments and a 14% share of the business.

Canalys: Samsung dominates South America smartphone market

Apple adopted with 1.5 million shipments and a 5% present market share while Oppo cracked 1 million shipments for the to begin with time due to potent product sales in Mexico which acquired it a 3% share of the LATAM present market. Oppo additionally skilled the perfect 34% yearly growth.

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Latin America smartphone shipments and once-a-year development Canalys Smartphone Sector Pulse: Q1 2022
Vendor Q1 2022 shipments (million) Q1 2022 market share Q1 2021 shipments (million) Q1 2021 market share As soon as-a-year development
Samsung 13.4 43% 13.6 43% -2%
Lenovo 5.5 18% 6.9 22% -20%
Xiaomi 4.3 14% 3.6 11% 18%
Apple 1.5 5% 1.3 4% 16%
Oppo 1. 3% .7 2% 34%
Others  5.3 17% 5.6 18% -76%
Whole  31. 100% 31.8 100% -3%
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Notes: percentages might probably not improve as much as 100% owing to rounding
Useful resource: Canalys Smartphone Examination (sell-in shipments), Might probably 2022

Although the remainder of the whole world is working with a bleak macroeconomic outlook, markets in South The usa seem to have an optimistic view with producers like Honor, Xiaomi, Transsion (Infininx) and BBK’s Realme and vivo acquiring formidable growth designs. Forecasts predict a 4% growth in smartphone shipments for 2022.

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