The global smartphone market climbed 28.1% year on year to reach total shipments of 351.1 million units in the first quarter of 2021, according to preliminary data from Informa owned Omdia.That gain consolidates the smartphone market's recent recovery after it posted its first annual growth since Q3 2019 in the final quarter of 2020. NEEDHAM, Mass., July 29, 2021 - The rebound from 2020 continued for smartphones in the second quarter of 2021 (2Q21) as overall shipment volumes grew 13.2% year over year, slightly beating IDC's forecast of 12.5% growth. The competition fuelled by Samsung and Motorola launching refreshed models and new Chinese OEMs entering the region drove the market growth. In 2021, our smartphone market share in all major regions, including China, Europe, Latin America, the Middle East, Africa and Asia Pacific all increased compared with 2021. Apple and Samsung both captured a 12 percent share of the Asian smartphone market in Q1 2021. Latin American e-commerce is expected to grow 37% by the end of this year, making the region one of the most compelling markets in the world for the sector. Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE . In the region, Samsung took the throne with the highest market . China, the world . 2017 VS 2021 VS 2028 1.3.2 Smartphone 1.3.3 Tablet Computer 1.3.4 Others 1.4 Study Objectives 1.5 Years Considered . LATAM smartphone shipments grew 13.4% YoY in 2021 and .03% YoY and 9% QoQ in Q4 2021. Samsung, on . Latin America Samsung dominated this region too. Latin America Smartphone Sensors Historical Market: Breakup by Country (USD Million), 2017-2021 17. North America Smartphone as Car Key Market Size YoY Growth (2017-2028) & (US$ Million) Figure 16. These two countries now have similar smartphone usage penetration, but they have quite different dynamics. Latin America Samsung dominated this region too. DUBLIN, Aug. 12, 2021 /PRNewswire/ -- The "Latin America Online Payment Methods 2021 Post COVID-19" report has been added to ResearchAndMarkets.com's offering.. The Latin American market potential for 2021 (in numbers) LatAm's e-commerce market value reached 200 billion dollars in 2020, according to the study Beyond Borders 2020/2021, released by EBANX. EBANX January 05, 2021 6min read Share Brazil The Mobile Economy Latin America 2021 Executive summary 3 4G continues to dominate, as 5G momentum builds 4G will remain the foundation of the mobile industry in Latin America over the near term, accounting for almost 70% of total connections at the end of 2025. Only BGH accounted for 0.01 percent of web traffic in the south of. Apr 4, 2022 Since 2016 Samsung has been the bestselling smartphone brand in Latin America with a market share of over 35 percent. Smartphone Shipments Declined in the Fourth Quarter But 2021 Was Still a Growth Year with a 5.7% Increase in Shipments, According to IDC. This will spur mobile internet adoption, enabling more people to access digital services for the first time. Introduction 12.2. Counterpoint Research has put up a list of the top 10 smartphone models of 2021 based on market share. The biggest jump, percentagewise, in 2021 came from Realme. Further, the market is evaluated on various parameters that is covered in the report and further includes market size, market volume and the growth […] The Chinese company captured 17% of global market share, just behind Samsung ( 19%) but ahead of Apple ( 14% ). Latin America Smartphone Sensors Market Forecast: Breakup by Country (USD Million), 2022-2027 18. 11.3. Counterpoint Research said smartphone shipments in Latin America last year dropped 19.6 percent, with some countries suffering supply shortages. Close behind. 28 Apr 2021 Smartphone Recovery Continues with Shipments Up 25.5% in the First Quarter of 2021, According to IDC NEEDHAM, Mass., April 28, 2021 -The pace of recovery for the smartphone market accelerated in the first quarter of 2021 (1Q21) with 25.5% year-over-year shipment growth. Looking forward, IMARC Group expects the market to reach 1,715 Million Units by 2027, exhibiting at a CAGR of 3.70% during 2022-2027. The report titled Latin America 5G Market which was recently added by Kenneth Research, aims at providing the clients with the business growth and investment opportunities present in the market globally. Buenos Aires, New Delhi, Hong Kong, Seoul, London, Beijing, San Diego - February 24, 2022 Oppo was number four with a 4% share in Europe and Realme's shipments accounted for 2%. According to Counterpoint Research, Apple grew from 48-percent to 57-percent in this market, in Q2 2021 (Year-over-Year). Xiaomi took second place for the . A new report has just revealed interesting information related to the LATAM (Latin American) smartphone market for the year 2021. Smartphone Market: Revenue and Unit shipment Forecast, Latin America, 2011-2021~ 13. Below is a summary of market share by country, courtesy of Bloomberg. The key growth driver for the industry came from the vast mass market segment, especially in Asia Pacific, Middle East and Africa as well as Latin America. According to Canalys' latest forecasts, the worldwide smartphone market will grow 12% in 2021, with shipments reaching 1.4 billion units. In another development, feature phone sales rose to nearly 3.3 million in Q3 in Russia. LATAM smartphone shipments surged by 22.1% YoY in Q1 2021 but decreased by 4.8% QoQ due to seasonality, according to the latest Market Monitor report from Counterpoint Research. Samsung and Apple dominated the smartphone market in 2021. According to a new report, after the first year of COVID-19, worldwide smartphone sales grew 6% in 2021. A new report has just revealed interesting information related to the LATAM (Latin American) smartphone market for the year 2021. North America Smartphone as Car Key Market Share by Country (2017-2028) Figure 17. Smartphones, with robust hardware capabilities, extended mobile operating systems, facilitating broader . "Rise in the adoption of artificial intelligence and machine learning in automation testing is an essential . The global smartphone market grew for the first time since 2017, with annual shipments reaching 1.39 billion units in 2021, according to the latest research from Counterpoint Technology Market Research's Market Monitor service. Gartner analysts expect smartphone sales in 2021 to be close to 2019 levels. Historical Market Size (USD Mn) Analysis By Country, 2016-2020 12.3.1. IDC expects ASPs in 2022 to be high due to the rising cost of components and higher share of 5G smartphones. Smartphone shipments set to grow 12% in 2021, despite supply pressure. The country currently accounts for a 24.68% share in the global market. Samsung led the market with 38% share, followed by Motorola with 22.5% share. The sub-US$100 was the only segment to decline YoY. According to Beyond Borders 2021/2022, e-wallets are now the fourth-most relevant payment method in Latin America's digital commerce ecosystem, with around 11 percent share of total payments volume. Mature Asia Pacific, Western Europe, and Latin America are expected to exhibit the strongest growth between 2020 and . Smartphone Market: Smartphone and Operating System Shipment and Market Share Analysis, Latin America, 2011-2020~ 12. Latin America Is a Mobile-First Games Market. Feb-22. Buoyed by an improved economic environment, the demand for smartphones in 2021 will . Usage-based Insurance (UBI) Market size exceeded USD 30 billion in 2020 and is estimated to grow at over 20% CAGR between 2021 and 2027. The total smartphone market is now valued at $2.3 billion — more than it was in Q3 2019, before the start of the COVID-19 crisis. Overall, Latin America's smartphone shipments dropped 10.3% year-on-year in the fourth quarter, according to Counterpoint Research. That said, 5G momentum is building, with further commercial 5G services launched in . Dec 6, 2021 In October 2021, Mexican brand Lanix was the Latin American smartphone brand with the highest market share in Mexico, accounting for 0.23 percent of the smartphone web traffic in the. Christof Baron about Statista CEO, MindShare Germany Growing demand for remote diagnostic technology across the automobile industry is likely to propel the industry growth. It shipped 42% of all smartphones in Q1 2021, almost doubling the market share of second-place Motorola (22%). A phone repair store at a technology market in Shenzhen, China. Despite the supply chain issues last year, the smartphone market managed to grow year-over-year, according to a pair of reports from . Automation Testing Market Outlook (2022-2032) [256 Pages Report] The automation testing market is anticipated to have experience a staggering CAGR of 14.3% during the period of 2022-2032. It shipped 42% of all smartphones in Q1 2021, almost doubling the market share of second-place Motorola (22%). LATAM smartphone shipment increased 41.8% YoY in Q2 2021 but declined 6.5% compared to the previous quarter, according to the latest Market Monitor report from Counterpoint Research. The report provides insights into . In terms of value, Apple smartphones dominated the market in the U.S. and accounted for more than 58% revenue share in 2020. Smartphone connections in Latin America will reach 500 million at the end of 2021 - an adoption rate of 74%. In Q2 2021, according to Canalys estimates, global smartphone shipments increased 12%. According to Counterpoint Research, smartphone shipments are estimated to reach 173 million in 2021, a ~14% increase from the 2020 figure. Source: Bloomberg Industries February 2021 A webinar presentation by Americas Market Intelligence Latin America Payments 6 Megatrends for 2021 Wherever possible, AMI has verified the accuracy of information provided by third parties, but does not under any circumstances accept responsibility for such inaccuracies should they remain unverified. Worldwide smartphone sales grew 6% in 2021, according to Gartner, Inc. Smartphone sales rebounded in the first half of 2021, following a 12.5% decline in 2020. Venezuela 12.3.2. Xiaomi overtakes Apple as number two smartphone vendor for first time. Nevertheless, it includes Brazil and Mexico, which are both among the top ten biggest markets worldwide. By 2025, the two largest Latin American economies, Brazil and Mexico, are expected to keep growing steadily at 30% per year, while newly emerging markets such as Bolivia Guatemala, and Peru . Jan-22. Market Size (USD Mn) Forecast for North America 2021-2028. Smartphone Market: Device Innovation, Regional Analysis & Market Share Forecasts 2021-2026 Juniper Research's Smartphone Market research is an invaluable analysis of one of the most competitive technology industries of today; evaluating ways in which device vendors are innovating in the face of a slowing market, with discussions of differentiation strategies, alongside new technologies like . 16. LG's exit from the smartphone business will open opportunities for Motorola to further increase shipments throughout 2021 as both companies focus on North America, Latin America and the Caribbean. According to preliminary data from the International Data Corporation Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 313.2 million devices . Latin America Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million) 12.1. As the world slowly goes back to normal this year, smartphone shipments are increasing, and a new Canalys report is ready to impress us with one particular company's tremendous growth, and yes, it is Xiaomi.The China-based phone vendor is now in second place in the world, surpassing Apple for Q2 of 2021. Apple saw a rise in market share as well as becoming the number-one vendor of smartphones . Rest of Latin America 12 . After recording a 10.5% decline in 2020 due to the impact of the COVID-19 pandemic on the industry, smartphone sales are forecast to rebound in 2021. And even though Brazil is the largest market in Latin America, there is still a part of the population who have not yet migrated to e-commerce. Due to the increasing complexities of vehicles, the use of remote vehicle diagnostic . Samsung was the leading vendor with a 19% share of smartphones shipped. Samsung was a breakaway leader in Europe, Latin America, and the Middle East and African region though.. Factors such as increasing disposable income, development of telecom infrastructure, the emergence of budget-centric smartphones, and an increasing number of product launches are contributing to the growth of the smartphone market in Asian countries. Due to intense competition from a bunch of brands, the top 10 best-selling smartphone models only contribute to 19% of the total number for 2021. Smartphone Market Size & Growth (2021 - 2026) The global smartphone market was valued at USD 378.29 billion in 2020 and is anticipated to reach USD 493.13 billion by 2026, with a CAGR of 6.85% during the conjecture period 2022 - 2027. Motorola was the runner-up in the Latin American smartphone market in the second quarter with a 22.3 percent market share, followed by Xiaomi, which increased its market share to 11.4 percent from . Xiaomi surpasses Apple in global smartphone market share and becomes second in the world . Despite the 4% annual growth, however, annual shipments remained below the pre-pandemic level due to continued COVID-19 impacts as well as component shortages. In the region, Samsung took the throne with the highest market . Xiaomi followed in third place with 8%, LG was fourth with 6%, and ZTE completed the top 5 with 4%. This report details quarterly handset market share for the world's top 30 vendors in North America, Central & Latin America, Western Europe, Central & Eastern Europe, Africa Middle East, and Asia Pacific for Q4 2021. The industry is anticipated to reach US$ 93.6 Billion in 2032, up from US$ 24.7 Billion in 2022. 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