This is an interesting update on Smartphone Tech world. Here is Gadgets Now Bureau latest ranking of smartphone companies in the world. As usual, Chinese companies are dominating the ranking. You need to read this to update your knowledge of the Smartphone technology world.
World’s 10 biggest smartphone companies (by Gadgets Now Bureau)
Global smartphone market seems to be in the ‘awe’ of Chinese brands. According to Counterpoint’s Market Monitor service, Chinese brands now hold a record 48% smartphone marketshare worldwide. Brands like Xiaomi, Oppo, Vivo and Huawei are making huge inroads.
Samsung tops the smartphone market by volume with a market share of 22% in Q2 2017. The company’s smartphone shipments recorded a marginal growth of 4% annually during the quarter.
At No. 2 is Cupertino giant Apple. As per Counterpoint Research, the company holds 11.2% marketshare globally. The company’s share has fallen marginally vis-a-vis the Q2 of the year 2016 when it held 11.3% share.
At No. 3 is Chinese smartphone brand Huawei. The company shipped record second quarter shipments of 38.4 million units, up 20% annually. Emerging markets have played a key role in the company’s growth globally.
The fourth-largest brand globally is Oppo. The company held 8.4% marketshare globally during the quarter. The brand reported impressive growth in India, its strongest market outside China.
Vivo is the fifth-largest brand globally, holding 6.6% marketshare. Just like Oppo, the company too has seen strong growth in the Indian market.
Xiaomi emerged as the fastest growing brand year-on-year (+60%) surpassing its home-country rivals Vivo (+45%) and Oppo (+33%). The duo were the fastest-growing brands in the previous quarter. Xiaomi shipped 23.2 million smartphones, capturing 6.6% market share of the global.
At No. 7 is South Korean smartphone brand LG. The company registered 13.3 million smartphone shipments in Q2 2017 with strong performances in Asia and Europe.
ZTE was the eight-largest brand capturing 3.3% market share during the quarter.
Lenovo (including Motorola) continue to face tough competition in markets like India and LATAM. The company, however, managed to hold on to its global marketshare of 3.2% during the quarter, same as in Q2-2016.
At No. 10 is Alcatel. The company saw a decline in its marketshare vis-a-vis the second quarter of previous year. The company held 1.3% marketshare globally in Q2 2017 as compared to 2.1% it held during the same quarter last year.