Global Smartphone Market Recorded a 25.5% YoY Growth in Q1 2021; Samsung Leads Market With 21.8% Share

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The smartphone market is lastly seeing restoration after a pandemic-driven 12 months, as the worldwide market noticed a 25.5 p.c year-on-year development in shipments. According to preliminary information from the International Data Corporation’s Worldwide Quarterly Mobile Phone Tracker report, smartphone distributors shipped practically 346 million smartphones throughout Q1 2021. The sturdy development got here from all areas with the best features coming from China and Asia Pacific. Chinese smartphone maker Huawei which is dealing with sanctions from the US is out of the top-5 producers listing this 12 months. Other Chinese corporations like Xiaomi, Oppo, and Vivo, however, grew share during the last quarter, touchdown them in the third, 4th, and fifth locations globally throughout Q1 2021 with a 14.1 p.c, 10.8 p.c, and 10.1 p.c share, respectively. The IDC report stated that the three corporations are growing their focus in the worldwide markets the place Huawei had grown its share in the current years.

The IDC report additionally stated that Samsung regained the highest spot in Q1 2021 with a formidable 75.3 million shipments and a 21.8 p.c market share. Here, the report stated that the Samsung Galaxy S21’s low pricing, as in comparison with its predecessor helped the South Korean producer. This is in-line with a current report that stated that Samsung has this 12 months overtook Apple in phrases of smartphone gross sales. Apple got here second with a 16 p.c market share, transport 55.2 million iPhone items in the primary quarter. “The restoration is continuing quicker than we anticipated, clearly demonstrating a wholesome urge for food for smartphones globally. But amidst this phenomenal development, we should do not forget that we’re evaluating towards one of many worst quarters in smartphone historical past,1Q20, the beginning of the pandemic when the majority of the availability chain was at a halt and China was in full lockdown,” said Nabila Popal, research director with IDC’s Worldwide Mobile Device Trackers.

In the first quarter of 2021, a total of 345.5 million smartphone units were shipped, up from 275.2 million in the first quarter last year, according to the IDC report. The IDC’s Worldwide Quarterly Mobile Phone Tracker report uses proprietary tools and research processes. The tracker reports from IDC are updated on a semiannual, quarterly, and monthly basis.

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