Samsung has once again taken the lead in the smartphone market, surpassing Apple as the top smartphone seller, according to industry tracker International Data Corp. (IDC). The report indicates that worldwide smartphone shipments grew by nearly 8 percent in the first quarter of this year, reaching a total of 289.4 million.
During this period, Samsung shipped 60.1 million smartphones, claiming almost 21 percent of the market share. This marks a slight decline of less than 1 percent in Samsung’s shipments compared to the previous quarter. Meanwhile, Apple shipped 50.1 million iPhones, representing just over 17 percent of the market. However, Apple experienced a decline of 9.6 percent in smartphone shipments in a quarter-over-quarter comparison.
While Samsung and Apple continue to dominate the high-end smartphone market, Chinese competitors are closing the gap. China-based Xiaomi saw shipments grow by approximately 33 percent to 40.8 million, securing the third position in the overall smartphone market. Transsion also experienced significant growth, with shipments increasing by 85 percent to 28.5 million, placing them in fourth position.
According to Ryan Reith, IDC Worldwide Mobility and Consumer Device Trackers team vice president, “There is a shift in power among the Top 5 companies, which will likely continue as market players adjust their strategies in a post-recovery world.” Reith expects Samsung and Apple to maintain their hold on the high-end segment while Chinese rivals focus on expanding their sales in international markets.
This report highlights the ongoing competition in the smartphone market, with Samsung retaking the top spot and Chinese manufacturers gaining traction. As the industry continues to recover, it will be interesting to see how these companies adapt their strategies to maintain their market positions and meet the evolving demands of consumers worldwide.
The smartphone industry has once again shown its resilience and growth, with worldwide smartphone shipments increasing by nearly 8 percent in the first quarter of this year, reaching a total of 289.4 million units. This growth has been fueled by the strong performance of Samsung, which has reclaimed its position as the top smartphone seller, surpassing Apple, according to industry tracker International Data Corp. (IDC).
Samsung shipped 60.1 million smartphones during this period, capturing almost 21 percent of the market share. While this marked a slight decline of less than 1 percent in Samsung’s shipments compared to the previous quarter, the company’s strong presence in the high-end smartphone market has helped it regain the top spot. On the other hand, Apple shipped 50.1 million iPhones, representing just over 17 percent of the market. However, Apple experienced a decline of 9.6 percent in smartphone shipments in a quarter-over-quarter comparison.
While Samsung and Apple continue to dominate the high-end smartphone market, Chinese competitors are steadily closing the gap. Xiaomi, a China-based smartphone manufacturer, saw its shipments grow by approximately 33 percent to 40.8 million, securing the third position in the overall smartphone market. Another Chinese company, Transsion, experienced significant growth with shipments increasing by 85 percent to 28.5 million, placing them in fourth position.
The rise of Chinese smartphone manufacturers is indicative of the growing presence of Chinese brands in the global smartphone market. These companies are known for offering competitive pricing and feature-packed devices, attracting consumers worldwide. As they gain traction in the industry, it is expected that they will continue to expand their sales in international markets.
As mentioned by Ryan Reith, the Vice President of IDC Worldwide Mobility and Consumer Device Trackers team, there is a shift in power among the top smartphone companies, and this trend is likely to continue as market players adjust their strategies in a post-recovery world. Reith anticipates that Samsung and Apple will maintain their hold on the high-end smartphone segment, while Chinese rivals focus on expanding their market share.
The ongoing competition in the smartphone market presents manufacturers with opportunities and challenges. With Samsung retaking the top spot and Chinese manufacturers gaining traction, it is clear that the industry is dynamic and constantly evolving. As the market continues to recover, it will be interesting to see how these companies adapt their strategies to maintain their market positions and meet the evolving demands of consumers worldwide.
For more information on the smartphone industry and market trends, you can visit the IDC website at www.idc.com.
The source of the article is from the blog rugbynews.at