Global 5G Smartphone Vendor Market Share by Region: Q4 2023
Share This Post
The fourth quarter saw modest growth, but 2023 was a difficult year for many vendors due to geopolitical situations, recessions and inflation. Annual growth has stagnated to below 10%, which is indicative of the hard times ahead for the 5G market. The major markets are nearing saturation and most of the world is falling into recession. Major markets North America and Western Europe declined and most of the growth comes from emerging markets. The leading regions are Asia Pacific, North America and Western Europe. Leading countries are China, the USA and South Korea. This report reports 5G handset shipments by vendor by quarter from 2018 through Q4 2023 with regional breakdown. All major regions are forecasted in the report, including North America, Central & Latin America, Western Europe, Central & Eastern Europe, Asia Pacific and Africa Middle East.
