Garnter Released Global Smartphone Market Report of Q3 2018


smartphone market

According to a new report released by Gartner, global smartphone sales increased by 1.4% year-on-year in the third quarter of this year compared to the third quarter of 2017. The report details show that Apple still maintains its 11.8% smartphone market share, while Samsung is down 3.4% from the same period last year.

smartphone market

The report focuses on some eye-catching data. Say, it shows that if two big Chinese smartphones in face of Huawei and Xiaomi are not included in the list, the global smartphone sales will fall by 5.2%. The source also thinks there have been three main smartphone features that forced people to get their hands on new devices. Those features include the introduction of low-cost smartphones, enhanced camera capabilities, and high-quality resolution displays. This brought to a noticeable growth in sales of OPPO, Xiaomi, and Huawei.

Previously, we have got acquainted with another report coming our way from Counterpoint. According to this company, the world’s top 10 mobile phone brands currently account for 79% of the global market share. Samsung continues to lead the entire smartphone market with a 19% market share. So we can say these numbers are almost identical. Actually, the rest of the data look similar to what we have seen before.

Gartner expects the next wave of massive consumer smartphone adoption will be in 2020 when future tech such as 5G and foldable smartphones reach the market. The company believes that up to 65 million 5G smartphones will be sold in 2020, and Apple is expected to release the first 5G iPhone by 2020. It is clear that 5G will bring considerable profits to the entire smartphone market.

Read Also:  Sales of expensive smartphones are growing with Apple being the leader

The report points out that the collapsible 5G devices are not only expensive at first but users will be forced to make trade-offs on certain features. The demand for such future technologies will lead to a new era of mobile sales.

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