Reported by Counterpoint Research, they have reported that there is a 14% decline in the global smartphone market alongside a 7% decline in each quarter. The smartphone market was also hit by some major brands supplying fewer new devices to a market struggling with high inventories at a time when consumers are choosing to renew less often, but with more durable smartphones when they do buy,” stated by Counterpoint's Senior Analyst Harmeet Singh Walia. Source: Counterpoint Counterpoint also points out that Samsung is currently the top smartphone company in Q1 2023, dethroning Apple. Apple also has the highest Q1 share with 21% Another thing Counterpoint reported is that the revenue for global smartphones is reduced by 7% or ranging at around $104 billon. Read more in our articles including "Samsung regains top spot as world’s leading smartphone seller –report" and "Global smartphone market declines 14% in Q1 2023".
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May 7, 2026Reported by Counterpoint Research, they have reported that there is a 14% decline in the global smartphone market alongside a 7% decline in each quarter. The smartphone market was also hit by some major brands supplying fewer new devices to a market struggling with high inventories at a time when consumers are choosing to renew less often, but with more durable smartphones when they do buy,” stated by Counterpoint's Senior Analyst Harmeet Singh Walia.
Source: Counterpoint Counterpoint also points out that Samsung is currently the top smartphone company in Q1 2023, dethroning Apple. Apple also has the highest Q1 share with 21% Another thing Counterpoint reported is that the revenue for global smartphones is reduced by 7% or ranging at around $104 billon.
Our coverage of counterpoint includes: "Samsung regains top spot as world’s leading smartphone seller –report"; "Global smartphone market declines 14% in Q1 2023"; "Qualcomm Snapdragon 6 Gen 5, Snapdragon 4 Gen 5 announced". Each article provides unique insights and information.