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Cell phone market Latin America suffered a slight drop in the second quarter of 2022, according to the consulting company’s latest report. Canalis.
The 2.5% drop compared to the same period in 2021 exceeds the 9% global decline.
Samsung leads the region
According to the report Canalis, Samsung remains the leading brand in the region. Although the annual increase in units shipped decreased from 12.5 million to 11.6 million, its market share is 36%.
lenovo (Motorola) also recorded a slight drop in units shipped from 6.9 million (down half a million), but it maintains a solid third place with 22% of the market.
xiaomi grew moderately from 5.2 million to 5.3 million and closes the podium with 17%, Canalys points out.
Mansanafor its part, rose 16% from 1.3 million iPhones to 1.5 million. Damian Leiva-Cortez, Senior Analyst at Canalisindicates that brands with portfolios over $500 have benefited more in the region.
also highlights Transmission 1.3 million units shipped. This Chinese company includes companies such as techno, infinix as well as Itelwhich have gained a place in developing countries.
Other brands managed to retain 16% of shipments of 32.2 million registered Canalis in Latin America during the second quarter of this year.
Canalis emphasized growth HONOURwhich reached 4% of shipments in Peru3% in Colombia and 2.6% in Mexico.
Peru: Worst drop in sales predicted in region
Peru It is predicted to be one of the markets where fewer mobile phones will be sold in 2022. Canalis.
According to the consulting company, the market will shrink by 17.5% to 7.8 million units in 2022. By 2023 Peru will recover with 8 million units, up 2.5%.
Other countries where Canalis expect a market crash Chile (-8%) and Brazil (-3.1%).
Although it is predicted that Latin America will record a slight increase in 2022 (0.8%), in 2023 it will have one of the lowest growth rates – 2.5%.
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.