2021-06-18

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Quarterly volume of the smartphone market exceeded $ 100 billion

1 min read

The study conducted by Strategy Analytics suggests that the global smartphone market in the first quarter of the current year rose by more than a third in monetary terms, which is explained by the cumulative influence of several factors at once.

In particular, the volume of the global industry exceeded a significant mark of $ 100 billion. This is 37% more compared with the result in the first quarter of last year.

Almost half of the entire revenue – 46% – according to the results of the last quarter received Apple. In second place with a big lag behind the South Korean giant Samsung – 19%.

Next follow Chinese suppliers. So, “bronze” won Vivo, which showed the result of 8%. Then go OPPO and Xiaomi, each of which received about 7% in the total amount of revenue in the global smartphone market.

The proportion of the Chinese telecommunications giant Huawei, who has fallen under rigid American sanctions, dramatically declined: a quarterly result – only 3%.

Strategy Analytics

Strategy Analytics

All other suppliers of smart cellular devices together control 10% of the global market in monetary terms.

Analysts note that revenue is growing against the background of the rapid development of the 5G segment and increase prices for electronic components under the conditions of the observing deficit. In addition, the industry is restored after the impact of coronavirus.

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