Huawei ranked fifth in the global smartphone market during Q1 2021: Strategy Analytics
On May 21st, 2021, the market analyzing company- Strategy Analytics released the latest research report of the total global smartphone commercial revenue for the first quarter of 2021. It revealed that the worldwide smartphone sale has risen by 37% year-on-year accounting for more than 100 billion US Dollars.
Again the US-based smartphone company Apple tops the list accounting for 46% of the total market share followed by Samsung technologies acquiring 19% market share in the first quarter of this year.
A senior director of smartphone services, Sui Qian pointed out that many factors including the iPhone 12 supercycle extension, the rise in the smartphone price due to stock shortages of others, higher 5G penetration rate than predicted, and the industry incorporation made Apple on top.
Talking about the Chinese smartphone manufacturers, they are showing the expected results as Vivo, OPPO, Xiaomi, and Huawei are in third, fourth, fifth, and sixth position respectively.
Apple and Samsung jointly hold more than half of the total market share and accounted for 65% of the revenue share. Meanwhile, Vivo Oppo and Xiaomi surpassed Huawei, holding 8%, 7%, and 7% revenue share while Huawei only acquires 3% revenue shares.
Talking about the price segment individually, ultra-high-end smartphones contribute 25% of the global smartphone market revenue in this quarter with a commercial price of more than 900 US Dollars. Indirectly the ultra-high-end smartphones market is lead by Apple and Samsung.
However, the low-end and mid-range smartphone market share is dominating by Vivo with the price range of 400-499 USD, followed by Oppo with 191-299 USD price range, while the entry-level smartphone market is led by Transsion with the price range of 36-99 USD.