Apple Beats Samsung To Claim Top Spot In Global Smartphone Market Share: Report – News18

Apple has overtaken Samsung as the new leader in the smartphone market share globally. (Image: News18)

Apple has overtaken Samsung as the brand new chief within the smartphone market share globally. (Image: News18)

Apple’s development primarily stems from its rising reputation in rising markets, and it’s the solely firm within the high three to point out optimistic annual development.

Apple has surpassed Samsung to turn out to be the world’s high smartphone vendor by way of market share in 2023, in response to information from the International Data Corporation (IDC), marking the primary time in additional than a decade that the highest spot has modified arms.

According to the report, this growth is the direct consequence of its elevated shipments throughout varied quarters. In the fourth quarter of 2023, Apple shipped a complete of 80.5 million iPhone models, which represents an 11.6% year-over-year enhance.

This is regardless of world smartphone shipments declining by 3.2% 12 months over 12 months to 1.17 billion models in 2023. And at the moment, Apple holds a commanding 20.1% market share, in comparison with Samsung’s 19.4% and Xiaomi’s 12.5%.

IDC notes that Apple’s development primarily stems from its rising reputation in rising markets. “While we saw some strong growth from low-end Android players like Transsion and Xiaomi in the second half of 2023, stemming from rapid growth in emerging markets, the biggest winner is clearly Apple,” IDC mentioned.

Furthermore, Apple is the one firm within the high three (Apple, Samsung, and Xiaomi) to point out optimistic annual development, regardless of dealing with rising competitors from manufacturers comparable to Huawei in China.

The report additionally notes that Apple’s development and Samsung’s decline are due partially to the Android market “diversifying within itself.” Huawei is actually again on monitor, and different corporations, together with Google and OnePlus, are launching aggressive merchandise.

That mentioned, the present high 5 smartphone corporations by way of complete 2023 smartphone shipments are:

– Apple: 234.6 million

– Samsung: 226.6 million

– Xiaomi: 145.9 million

– Oppo: 103.1 million

– Transsion: 94.9 million

Source web site: www.news18.com

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