The Chinese language smartphone market is a really aggressive one with a number of key gamers vying for customers’ cash. IDC has launched its report for the yr 2020 and it reveals that Huawei continues to be the chief in its house nation and by no small margin.
On the prime of the record sits Huawei with a complete cargo of 124.9 million items, giving it a market share of 38.3%. Nonetheless, that determine is a big drop from 2019’s 140.6 million items. Whereas the pandemic positively affected gross sales, we additionally assume that Huawei’s restricted provide of components could have affected the drop in whole shipments.
Vivo comes in at second place with 57.5 million shipments and a market share of 17.7%. In 2019, it shipped a complete of 66.5 million items and had a market share of 18.1%. OPPO follows carefully behind with a market share of 17.4% and whole shipments of 56.7 million items.
Xiaomi comes in on the fourth spot with 39 million shipments and a market share of 12%. In 2019, it shipped 40 million items and its market share was 10.9%.
Apple shipped a complete of 36.1 million items, virtually Four million greater than it shipped in 2019. its market share additionally elevated from 8.9% in 2019 to 11.1% in 2020. As you’ll be able to see, save for Apple, all the opposite manufacturers on the highest 5 record recorded a drop in the overall variety of smartphones shipped in 2020.
Different manufacturers accounted for the remaining 11.5 million items of the 325.7 million whole smartphones shipped in 2020.
We anticipate the smartphone market to choose up this yr now that there’s a vaccine for the coronavirus. Additionally, Huawei could have a troublesome yr until the U.S. ban is lifted and it might get parts for its smartphones.
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