DIGITIMES Research expects global smartphone shipments to increase by more than 10% quarter-over-quarter and reach more than 300 million units in the fourth quarter, up 2% year-over-year. According to DIGITIMES Research’s global smartphone shipments, this increase is primarily driven by Apple’s iPhone shipments. industry report.
Although the impact of inflation remains in most countries, demand for smartphones is starting to recover in emerging markets such as Southeast Asia, Latin America, and Africa in late Q3 2023. Global smartphone shipments for Q3 2023 were combined. Nearly 275 million units were sold, and the annual decline rate shrank to 0.6%.
DIGITIMES Research has revised upward its global smartphone shipments in 2023 by 23.2 million units to 1.143 billion units compared to its August forecast.
In China’s smartphone market, compared to the August forecast, shipments in the third quarter increased slightly to 61.3 million units, representing a year-on-year growth rate of 5%. Outside of China, shipments were revised upward to 213.5 million units due to a recovery in demand in emerging countries, reducing the annual decline rate to 2.1%.
For global 5G smartphone shipments, DIGITIMES Research has raised its 2023 forecast to 571.5 million units from the August forecast of 564.1 million units, which would be a 2.9% decrease from 2022.