The global smartphone market has grown and Samsung still the leader

The global smartphone market has grown and Samsung still the leader

Counterpoint Know-how Market Analysis has summed up the examine of the worldwide smartphone market within the second quarter of this yr. Shipments by piece elevated by 19% in comparison with the identical interval in 2020.

Over a three-month interval, roughly 329 million smartphone gadgets had been offered globally. The chief stays the South Korean large Samsung with 57.9 million items offered and a share of about 18%. For comparability: a yr earlier, the corporate managed 22% of the trade.

The second place was taken by the Chinese language Xiaomi, whose gross sales as compared with the second quarter of 2020 virtually doubled – by 98%. In three months, the corporate shipped 53 million smartphones.

Closes the highest three, Apple, which elevated shipments on an annualized foundation by 30% – to 48.9 million items. Subsequent are the Chinese language producer Oppo and Vivo. The primary of those corporations offered 33.6 million gadgets over the last quarter, the second – 32.5 million.

The worldwide smartphone market has grown and Samsung nonetheless the chief

Analysts additionally be aware that amongst different well-known suppliers of smartphones, OnePlus, Realme and Lenovo Group confirmed excessive progress charges. Shipments of gadgets of those corporations elevated in comparison with final yr by 170%, 135% and 110%, respectively.

Commenting on OEM rankings, Analysis Director, Tarun Pathak famous, “Whereas Samsung retained the highest spot, its market share fell by over 3% to 18% in Q2 2021. Shipments had been down attributable to weak seasonal demand in a few of its key areas similar to India, Central and Latin America and Southeast Asia adopted by manufacturing disruption in Vietnam attributable to COVID-19. Xiaomi had its best-ever quarter because it was in a position to enhance its market share in China, Southeast Asia and Europe. Whereas Apple fell to the third spot, it captured file second-quarter shipments due to persistent demand and provide for its iPhone 12 sequence. OPPO and vivo retained their spots within the high 5 as OPPO continued increasing to abroad markets and vivo managed to guide the China marketplace for the second quarter in a row.”

Highlighting the income dynamics, Analysis Analyst, Aman Chaudhary famous, “International smartphone wholesale cargo revenues eclipsed $96 billion; up 25% YoY however declined 16% sequentially. This comes at a time when the trade was dealing with provide constraints. Apple captured a file second-quarter income share of 41% pushed by persevering with demand for the iPhone 12 Sequence adopted by Samsung, OPPO, Xiaomi and vivo. Nevertheless, Xiaomi had a robust quarter when it comes to income as properly; turning into the one model throughout the high 5 to develop its income sequentially. It captured its highest-ever income share of over 9%; pushed by the robust efficiency of Redmi Be aware and the Mi 11 sequence.”