New Delhi: According to a new report, fast charging-based (over 10W) smartphone sales will account for nearly 80 percent of the global smartphone market in the first quarter (Q2) of 2023, compared to 74 percent in the first quarter of 2022 and the first quarter of 2018. was 29 percent. Showed up on Thursday.
According to Counterpoint Research, the growing acceptance of fast charging-enabled smartphones is attributed to the growing use of smartphones and continuous advancements in hardware. ,Also Read: SBI Special FD Scheme: Double Your Money By Investing In This Fixed Deposit,
Chinese smartphone brands are leading the trend by introducing high-wattage charging at various price points. ,Read also: Best headphone deals in July 2023,
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Senior analyst Karn Chauhan said, “Chinese brands are using fast charging as a selling point to attract consumers. For example, Realme and Xiaomi offer smartphones with more than 200W power capacity. In addition, Xiaomi and OPPO recently showcased smartphones with impressive 300W fast charging capabilities. These brands aim to provide extremely fast charging speeds, allowing users to charge their phones within minutes.”
Furthermore, the report suggests that smartphone brands are focusing on making the fast-charging technology affordable.
“Smartphone brands are increasingly including fast charging as a differentiating factor in their low-cost models. While fast charging has already become a standard feature in the $200-plus segment, smartphone brands are now focusing on providing high-power charging in this segment to achieve the fastest charging speeds,” Chouhan added.
In Q1 2023, the average power of fast-charging smartphones globally reached 34W, compared to 30W in Q1 2022 and 18W in Q1 2018.
Smartphones with more than 30W of power can fully charge a dead phone in about an hour. The report states that charging a smartphone in an hour could be a strong selling point for smartphone makers.
Chinese smartphone makers are leading the trend by introducing high-wattage charging at various price points, especially in the Chinese market where the average power is 50W. On the other hand, brands like Apple and Samsung have prioritized battery safety and overall performance instead of insisting on high-powered chargers.