Smartphone shipments declined three p.c yearly within the first quarter of 2018, based on a brand new knowledge shared by analysis agency Counterpoint.
Nevertheless, Samsung remained the chief, delivery 78 million units and capturing 21.7 p.c market share.
Samsung shipments grew 5 p.c with the launch of its newest flagship, the Galaxy S9, and S9.
Apple which shocked the analysts with a powerful fiscal 2018 second-quarter outcomes, shipped 52.2 million units, reporting 14.5 p.c market share on the second spot.
The agency stated that prime 10 gamers now seize 76 p.c of the market, thereby leaving over 600 manufacturers competing for the remaining 24 p.c of the market.
Tarun Pathak, Affiliate Director at Counterpoint Analysis stated: “The waning smartphone demand is because of a slowdown in developed markets the place substitute cycles are lengthening with total smartphone options and design reaching its peak. Nevertheless, rising markets nonetheless provide a sizeable alternative for OEMs to broaden and develop as smartphone penetration by customers in nonetheless round 45 p.c.”
The agency additional stated that Huawei with 10.9 p.c and Xiaomi with 7.5 p.c market share adopted Samsung and Apple.
OPPO with 6.1 p.c share was on the fifth place.
“The saturating China smartphone market is forcing the Chinese language smartphone gamers to speculate and broaden past their residence market. The efforts have been realized because the efficiency of Chinese language manufacturers in MEA, Europe and the remainder of the Asian markets has been robust,” stated Analysis Analyst Shobhit Srivastava.
“The best smartphone marketplace for Chinese language manufacturers are the rising smartphone markets akin to Bangladesh, Myanmar and Center East & Africa the place LTE is being launched for the primary time or the community is increasing to extra lined geographies. The North America market has been problematic for Chinese language manufacturers and the ban on ZTE will additional decline their share within the area,” he added.
In the meantime, Nokia HMD, iTel, Xiaomi, Tecno, OnePlus and Huawei have been the famous manufacturers within the quickest rising class. OPPO, vivo, Samsung within the prime 10 smartphone class reported declines in Q1 2018.
iTel entered the highest 10 smartphone marketplace for the primary time, collectively the three smartphone manufacturers of Transsion holdings (Tecno, iTel, and Infinix) accounted for over 10 million smartphones shipped in Q1 2018.