How the US mobile market fared till November 2023?
In the first eleven months of 2023, the US mobile market performed strongly, with growth seen in both the smartphone and wearable sectors. In the first three quarters of 2023, smartphone shipments to the US totaled 43.3 million units, up 2.7% over the same period in 2022, according to an analysis by Strategy Analytics.
The top five smartphone vendors in the US in the first three quarters of 2023 were
1. Apple (50.6% market share)
2. Samsung (25.9% market share)
3. Google (6.3% market share)
4. Motorola(6.2% market share)
5. OnePlus (2.7% market share)
According to the analysis, the market for 5G smartphones grew even faster in the first three quarters of 2023, with shipments hitting 35 million units—a 59% increase over the same period in 2022.
In the first eleven months of 2023, the US wearable market outperformed the smartphone industry as well. In the first three quarters of 2023, wearable shipments to the US totaled 20.5 million devices, up 13.6% over the same time in 2022, according to a report by IDC.
The top five wearable vendors in the US in the first three quarters of 2023 were
1. Apple (44.5% market share)
2. Fitbit (18.5% market share)
3. Samsung (10.7% market share)
4. Garmin (8.6% market share)
5. Amazfit (5.4% market share)
• The report also mentioned how, in the first three quarters of 2023, shipments of smartwatches reached 13.5 million, a 20.7% increase over the same period in 2022.
• Important trends propelling the US mobile market’s expansion
• The US mobile market grew over the first 11 months of 2023 due to many significant trends. Among these trends were:
• The ongoing development of 5G networks throughout the United States, which has reduced the cost and increased consumer accessibility to 5G devices.
• The growing craze for mobile gaming and video streaming, which fueled the need for powerful smartphones with expansive screens and lengthy battery lives. • The increasing use of wearable technology, such as fitness trackers and smartwatches, which also fueled the expansion of the mobile market.
• The introduction of cutting-edge smartphone models by well-known manufacturers like Apple, Samsung, and Google, which further increased demand for smartphones in the US.
US mobile market performance in November 2023
In November 2023, the US mobile market was still doing well, with growth seen in both the smartphone and wearable sectors. In November 2023, 4.5 million smartphones were shipped in the US, increasing 2.9% from the same time in 2022, according to a report by Strategy Analytics.The top five smartphone vendors in the US in November 2023 were:
1. Apple (51.2% market share)
2. Samsung (26.1% market share)
3. Google (6.5% market share)
4. Motorola (6.3% market share)
5. OnePlus (2.8% market share)
The survey also showed that, in November 2023, shipments of 5G smartphones reached 3.8 million, a 59.2% increase over the same time in 2022. This indicates that the market for 5G smartphones is still expanding quickly.
November 2023 saw strong performance in the US wearables market in addition to the smartphone market. As per an IDC report, there was a 13.8% increase in wearable shipments to 2.1 million devices in the US in November 2023 compared to the same time in 2022.
The top five wearable vendors in the US in November 2023 were:
1. Apple (44.7% market share)
2. Fitbit (18.7% market share)
3. Samsung (10.8% market share)
4. Garmin (8.7% market share)
5. Amazfit (5.5% market share)
The report also noted that the smartwatch market continued to grow rapidly in November 2023, with shipments reaching 1.4 million units, up 21%