Our Q3-2020 Market Monitor report has been published. We release one Infographic in each quarter to summarize the mobile handset market activities in a single page.
Some quick observations from the smartphone market:
- Global smartphone market shipments declined 4% YoY but grew 32% QoQ to reach 366 million units in Q3 2020.
- India smartphone market surpassed the pre-Covid levels growing at 9% YoY and 188% QoQ to reach 53 million units, followed by MEA (2% YoY).
- Samsung regained the top spot, shipping 80.4 million units with 48% QoQ and 3% YoY growth with highest-ever shipments in the last three years.
- Realme shipments grew 132% QoQ, becoming the world’s fastest brand to hit 50 million shipments since inception.
- Xiaomi grew 75% QoQ, contributing 13% in the total smartphone shipments. Notably, this was the first time when Xiaomi surpassed Apple to capture the third spot in the global smartphone market.
- Apple iPhone shipments declined 7% YoY during Q3 2020 as the company delayed its annual iPhone launch from Q3 to Q4 in 2020
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Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.
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