Riding on the migration to 5G and iPhone 12 super cycle, global smartphone revenues will increase more than 13 per cent (on-year) in 2021, the highest revenue growth in six years.
China, the US, India and Japan will account for 54 per cent of all smartphone wholesale revenues worldwide in 2021.
Despite the economic uncertainty and dented consumer confidence caused by the coronavirus, the market will be able to bounce back in 2021, according to the latest research from Strategy Analytics.
According to David Kerr, Senior VP, a downside risk remains in terms of volumes and value in India and Brazil, which are suffering through significant surges in Covid-19 currently.
India s smartphone industry grew 23% in Q1; Xiaomi leads, Samsung second
Chinese smartphone brand Xiaomi led from the front, retaining its number one position even though it suffered a 5-percentage-point drop in market share from 31 per cent in Q1 2020 to 26 per cent
Sumant Banerji | April 26, 2021 | Updated 23:16 IST
KEY HIGHLIGHTS
Xiaomi led the market in Q1 2021 with a 26% shipment share accounting for five out of the top 10 smartphone models.
Samsung was second, logging the highest growth at 52% and a 20% share, up from 16% last year.
OnePlus led 5G smartphone shipments with 33% share. Chinese brands together accounted for 75% share in the quarter.
Second COVID wave likely to dampen demand in the next few quarters.
Smartphone sales set record, but Covid-19 surge to hit demand: Report
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Smartphone sales set record, but Covid-19 surge to hit demand: Report
Reuters / Apr 26, 2021, 23:23 IST
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(Representative image)
BENGALURU: Smartphone sales set a record for the January-to-March quarter this year, but a massive second wave of Covid-19 infections will hit future sales in the world s No.2 smartphone market, a research report showed on Monday.
People bought more smartphones during the period due to pent up demand after a pandemic-ravaged 2020, sending phone shipments up 23% year-over-year to more than 38 million units, the best sales for any first quarter, research firm Counterpoint said.
Smartphone sales set for bigger hit following more curbs in Delhi, Mumbai
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Synopsis
For now, the lockdowns in Mumbai and Delhi would hurt the premium segment of devices more, a segment that has been the fastest growing category between 70% and 100% for the past three quarters.
Smartphone sales are set to take a sharper hit in the coming weeks with restrictions being announced in Delhi as well, adding to Mumbai, the top two metros accounting for 20% of India’s overall smartphone market. But market trackers say the bigger fear is of a lockdown in Noida, which would lead to a far bigger negative impact on the industry, as the region accounts for 60% of the smartphone production in India.
Updated: April 12, 2021 12:32 PM IST
E-commerce giant Amazon has announced exclusive exchange offers and deals under its Smartphone Upgrade Days where it’s giving offers on smartphones and accessories. Customer can get up to 40 percent off on smartphone brands like Oppo, OnePlus, Xiaomi, Samsung and Vivo. Also Read - Mozilla Firefox to end support for Amazon Fire TV and Echo Show from 30 April
Some of the smartphones that will be available at a discounted price are devices from the Redmi Note 10 series, the Samsung Galaxy M12, M02, M02s, Mi 10i and the Oppo F19 Pro+ will be available with bank offers.