The number of smartphone brands fell from 720+ in 2017 to almost 250 in 2023, as local brands lose market share due to a maturing userbase, 5G shift, and more (Counterpoint Research)

The number of smartphone brands fell from 720+ in 2017 to almost 250 in 2023, as local brands lose market share due to a maturing userbase, 5G shift, and more (Counterpoint Research)

Counterpoint Research:
The number of smartphone brands fell from 720+ in 2017 to almost 250 in 2023, as local brands lose market share due to a maturing userbase, 5G shift, and more  —  – The number of active brands is down to almost 250 in 2023 so far from over 700 in 2017.  — The decline in the number …