On the plus side, it believes the component shortage situation will improve sooner than projected,’ which will help to alleviate some of the problems. Samsung leads the top five smartphone makers in terms of market share, with a 24 percent share (up from 19 percent in Q4 2021) With 18 percent (up from 15 percent), Apple came in second, followed by Xiaomi with 13 percent (down from 14 percent), Oppo with 10% (down from 11 percent), and Vivo with 8%. (down from 10 percent ). “The good news is that the unpleasant component shortages might alleviate sooner than predicted, which would surely assist relieve cost pressures,” the Canalys analysis concluded.
Apple is also doing very well. Despite claims of lower production, Canalys analysts argue that the third generation iPhone SE is a “essential mid-range volume driver for Apple.” Carriers are eager for 5G phones, and the SE (2022) is the most affordable 5G iPhone. The iPhone 13 series has also proven to be a popular option. Xiaomi is in third position, with a market share of 13%, down a percentage point from last year. The popular Redmi Note series is responsible for the relatively strong results. Oppo has a 10% market share, which includes OnePlus phones (down from 11 percent a year ago). Although this is an increase from Q4, the business still behind Xiaomi globally. Vivo, a sister firm, is still at 8%, despite being at 10% in the first quarter of last year.
