In early 2017, Samsung and Apple maintained their top score in the leadership board in the smartphone market, while Huawei’s Chinese-based brand’s impressive growth etched itself the 3rd rank, said a market tracker on Thursday.
A research company IDC said that the overall smartphone shipments rose by 4.3% in the 1st quarte4r, which is slightly better than its earlier forecast to 347M units.
Ryan Reith, an IDC analyst said, “The first quarter smartphone results further prove that the smartphone industry is not dead and that growth still exists”
He further added, “There is no question that 2016 was a pivotal year for the industry as growth dipped to low single digits for the first time. However, we believe the industry will show some rebound in 2017, and the strong first quarter results certainly support this argument.”
Ryan cited that Samsung Galaxy S8 2017 will surely make an impact on the smartphone market. Also, people are widely waiting for an announcement from Apple for their new iPhone that is slated to happen later this year.
As per a recent survey, Samsung was leading the market during the 1st quarter with a 22.8% share and 14.9% for Apple.
However, Huawei’s sales plunged to 21.7% to give the firm a 9.8% share. Meanwhile, its fellow Chinese smartphone manufacturers Oppo and Vivo grabbed the #4 and #5 vendors, and boosted their sales.
The growth of smartphone is most likely to originate from the low-cost smartphone makers, said the IDC.
IDC’s Anthony Scarsella said, “Although we have seen an abundance of premium redesigned flagships that just entered the market, moving forward, we still expect most of the growth to come from more affordable models in a variety of markets.”