'With 22.3% share, Samsung leads global smartphones market in Q3 2017'

By Anuj Sharma - November 30, 2017
samsung-note-8
Oppo, Huawei, Vivo and Xiaomi continued to drive sales across emerging markets, led by their mid-price and budget smartphones with a focus on 4G connectivity and better cameras.

Global sales of smartphones to end users totalled 383 million units in the third quarter of 2017 – a three per cent increase over the same period in 2016, Gartner has said. While the top four vendors – Samsung, Xiaomi, Oppo, Vivo achieved double-digit growth, Apple achieved a 5.7 per cent increase.

With 22.3 per cent market share, Samsung leads the market and its smartphone sales recorded a double-digit increase (19.3 per cent) in the third quarter of 2017.

"Renewed pushes of the newly designed Galaxy S8, S8+ and Note 8 smartphones have brought back growing demand for Samsung smartphones, which helped it compete against Chinese manufacturers and deliver a solid performance in the quarter. The last time Samsung achieved a double-digit growth was in the fourth quarter of 2015," said Anshul Gupta, Research Director, Gartner.

Owing to the continued sales of legacy iPhones, including the iPhone 5S which retails at approx. $240 in most markets, Apple returned to growth in China and also saw strong sales in many of the emerging markets, including India.

"In emerging Asia Pacific, both Samsung and Huawei saw healthy demand as along with Xiaomi and Vivo, which were able to grow their footprint outside their home markets. In North America, Samsung was the driving force in the quarter due to its new flagship products,” Gupta noted. 

Xiaomi achieved the strongest growth, exhibiting an 80 per cent increase in the third quarter of 2017. Xiaomi's growth came more from international markets than from China, where it faces strong competition from Huawei, Oppo and Vivo. India continues to be the biggest and highest-growth market for Xiaomi outside China, but growing sales from Latin America and Russia are also boosting its sales.

Greater China exhibited a decline of 11 per cent in the third quarter due to consolidation around local and lesser-known brands. Buyers are preferring known and high-priced smartphones, which is cannibalising demand of budget smartphones from local brands. In Western Europe and North America, demand for premium smartphones from top brands led to smartphone sales growth in the third quarter.

Oppo, Huawei, Vivo and Xiaomi continued to drive sales across emerging markets, led by their mid-price and budget smartphones with a focus on 4G connectivity and better cameras.

"The arrival of Apple's new flagship iPhones at the end of the third quarter of 2017 has delayed smartphone purchases into the fourth quarter of 2017. Following compelling offers on Black Friday and Cyber Monday, the holiday season will likely boost sales of smartphones before the end of the year. We estimate the fourth quarter’s smartphone sales will boost total sales for the full year. We expect smartphone sales will reach 1.57 billion units in 2017," added Gupta.

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