CR: Total smartphone revenues in 2021 reached $448 billion, Apple leads the way

The latest Counterpoint Research report is taking a look at the revenues generated by smartphone makers for the past year. Smartphone vendors generated a total of $448 billion in revenues for 2021 which represents a 7% increase compared to the values for 2020. The average smartphone selling price (ASP) grew by 12% on the yearly basis and reached $322 thanks to a growing demand for 5G devices. An estimated 40% of all smartphones shipped in 2021 were 5G-capable which is an 18% rise compared to 2020 values.

Apple yet again sits atop the rankings with total revenues of $196 billion and a…

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