Huawei Is Second Largest Seller in Mobiles According to Counter Point

Despite dealing with the US sanctions, Huawei with sixteen percent market share surpassed Apple to turn out to be the second-largest smartphone manufacturer globally -- after Samsung -- in the calendar yr 2019, a new document said on Thursday.

Huawei Is Second Largest  Seller in Mobiles According to Counter Point
Huawei Is Second Largest Seller in Mobiles According to Counter Point

Despite dealing with the US sanctions, Huawei with sixteen percent market share surpassed Apple to turn out to be the second-largest smartphone manufacturer globally -- after Samsung -- in the calendar yr 2019, a new document said on Thursday.

 

Samsung with 20 percentage share topped the calendar year 2019 whilst Apple with 13 percentage market share got here third, stated Counterpoint's Market Monitor service.

 

This used to be the result of an aggressive push from Huawei in the Chinese market, where it executed almost forty percent market share, said the report. China accounted for over 60 percentage of Huawei's total shipments.

 

Overall, the world smartphone market declined 1 percentage (year-on-year) with 1.48 billion smartphones being shipped in 2019 -- first time that the smartphone market has declined for two consecutive years. However, the decline was once slower than in 2018 (4 percentage YoY).

 

The top 5 brands captured 66 percentage of the market in 2019, in contrast to sixty five percentage in 2018 and 62 percentage in 2017, stated the report.

 

2019 brought both innovations, 5G, folding displays, but also an unsure trade and political climate.

 

"There have been growing tensions among various nations that have impacted the smartphone market. For example, the US stress on Huawei, and tensions between Japan-Korea that led to uncertainties in the memory market," stated Varun Mishra, Research Analyst at Counterpoint Research.

 

Supply chains have been upset, causing a number of businesses to rethink their strategies and reduce dependence on single markets.

 

"2020 will probable see efforts to in addition diversify investments across geographies to mitigate risks. The modern-day coronavirus outbreak in China is the modern day difficulty to threaten provide chains," he added.

In the fourth quarter of 2019, the smartphone market in reality grew three percentage YoY, indicating symptoms of a recuperation which is anticipated in 2020.

Apple won the pinnacle spot in the Q4 world smartphone market with 18 percent market share, accompanied by using Samsung at 17 percentage and Huawei at 14 percent.

Apple's success story used to be pushed via the iPhone 11₹ 64,900 series beating expectations. iPhone revenues have been up year-on-year for the first time on the grounds that September 2018.

 

Apple iPhone shipments grew 11 percent (YoY) at some stage in the Q4 2019, even without a 5G variant. The iPhone eleven sequence obtained an first-rate patron response in all regions. The dual-camera, and decrease pricing of iPhone eleven than the iPhone XR at the identical point closing year, helped propel sales.

 

Apple's Service income grew 17 percentage (YoY) in 4Q 2019, attaining a file high in many classes along with music, cloud and Apple Care.

 

Realme endured its increase streak and remained the quickest developing brand in the course of the quarter (163 percent YoY) as properly as the year (453 percentage YoY) globally.