Smartphone market in 2021 with record sales result
Last year, the smartphone market set a record. At the top, there are no changes for Apple, Samsung and Xiaomi. How much is the entire smartphone market worth now?
2021 was a record year for the mobile device market . Remote work, which contributed to the modernization of equipment in many companies, as well as among recipient individuals, had a significant impact on the record increases.
Despite the persistent shortage of semiconductors and disrupted supply chains, 2021 will be remembered as the year of growth for the PC, tablet and smartphone market .
Check also:
Analytical firm Counterpoint Research joint annual report on the entire smartphone market . The latest edition sums up last year, which turned out to be a record. In 2021, the entire global smartphone market was valued at $448 billion . This is a common standard for mobile devices. For comparison , in 2020, the smartphone market was worth $382 billion .
Smartphone manufacturers are currently generating the highest revenues in history, and the struggle for the driver’s seat is incredibly fierce .
The five largest manufacturers in the market are responsible for more than 85% of the revenue in the smartphone market . It’s one of them being Apple , Samsung , Xiaomi , Oppo (along with in-house brands), and Vivo .
The company on the platform was Apple , which generated $196 billion in revenue from the sale of smartphones . Influencing this high score has a very good market acceptance of the latest smartphones from the iPhone 13 family that appeared on the market in September 2021.
Apple was responsible for 44% of all global smartphone revenue . The average value of one device is $835.
Samsung came in second place . The company was created $ 72 billion profits from the sale of smart phones . The average price for a single device is $263. The Korean manufacturer has become rich in selling budget models and flagship smartphones from the Galaxy S and Galaxy Z (foldable smartphones) families.
The last place on the platform belongs to Xiaomi . The Chinese manufacturer generated $37 billion in revenue from selling smartphones . This result is due to the flagship models of the Mi 11 family and the mid-range models – the Redmi Note 10. Interestingly, Xiaomi is selling more and more expensive smartphones – as consumers are eager to reach the flagship models whose price easily exceeds PLN 3,000.
.
