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The global smartphone market is growing for the first time since 2017

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The world smartphone market grew for the first time in 4 years, however the complete variety of units shipped ultimate yr remained under the pre-pandemic level, in accordance to a record through market lookup company Counterpart Research.

Annual smartphone shipments grew four percentage yearly to attain 1.39 billion telephones in 2021 even as the COVID-19 pandemic and issue shortages international hampered supplies.

Counterpart Research facts confirmed that in 2017, smartphone producers shipped 1.56 billion units, and that quantity due to this fact declined every yr from 2018 to 2020.

Demand in locations such as North America, Latin America and India contributed to the typical market increase remaining year.

Counterpart Research said: "The boom in the US used to be generally pushed via demand for Apple's first 5G iPhone 12 series.

This demand endured in the course of the 12 months as the October-December quarter ended on a sturdy observe due to vacation promotions and Black Friday sales.

India noticed greater hardware alternative rates, higher availability as properly as extra desirable financing preferences for mid- and high-end phones.

Counterpoint Research stated smartphone income in China had been down two percent yearly for a number of reasons.

These consist of a world scarcity of semiconductors and aspects that has hampered cellphone makers' potential to ship devices.

The market recuperation would have been higher had it now not been for the scarcity of substances that affected a lot of the 2nd half of of 2021.

And the greater manufacturers weathered the lack of components highly better. As a end result it was once in a position to develop by means of obtaining a share of smaller brands.

The overall performance of primary smartphone makers

Samsung retained the pinnacle spot as the world's biggest smartphone maker in phrases of cargo quantity even even though its factories in Vietnam have been beneath COVID lockdown for some time.

The South Korean corporation shipped about 271 million units in 2021. This represents a boom of 6 percentage yearly with multiplied demand for its mid-level phones.

Samsung's increase has been restricted at instances due to extended opposition in markets such as India and Latin America.

Apple noticed its world smartphone shipments develop 18% yearly to 237.9 million units. And shipments grew in key markets such as the United States, China, Europe and India.

Xiaomi has viewed its international cargo develop by using 31 percentage yearly to attain one hundred ninety million devices.

  • Although the size of its cargo used to be a great deal much less than the dimension of Samsung and Apple shipments. But Xiaomi has grown in current years to grow to be the 0.33 biggest smartphone maker in the world. It has additionally now come to be the pinnacle smartphone manufacturer in India after Samsung's hunch in 2018.

  • Oppo and Vivo additionally recorded double-digit boom closing year. They shipped 143.2 million and 131.3 million devices, respectively.

  • There is reason for optimism about the increase possibilities for the smartphone enterprise in 2022 if the world can cope with the pandemic and if furnish chain shortages are resolved through the center of the year.

However, some analysts and traders assume the international chip scarcity to proceed till the cease of this yr or into 2023. 

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