Samsung leads global smartphone shipments in 2021, market grows for first time since 2017: Counterpoint

Samsung topped the global smartphone shipments chart in 2021 as the market grew for the first time since 2017, Counterpoint Research said in a new report. Total global smartphone shipments in 2021 hit 1.39 billion units — a 4% on-year growth — but remained below pre-pandemic levels.

The market research firm attributed the lower shipments to continued disruptions caused by Covid-19 and the ongoing component shortage. Q4 shipments fell 6% on-year basis to 371 million units.

Apple saw record shipments, while Xiaomi registered the most growth in terms of absolute figures.

According to the latest Counterpoint Research’s Market Monitor service report, increased demand in Latin America, North America, and India led the recovery in the global smartphone market. Growth in the US was driven by demand for Apple’s first 5G iPhone 12 Series, which continued throughout the year. The growth in India was attributed to higher replacement rates, attractive financing, and better availability of mid-to high-tier phones.

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Counterpoint Research Senior Analyst Harmeet Singh Walia said: “However, China, the world’s biggest smartphone market, continued to decline due to supply-side issues caused by the ongoing component shortages, as well as demand-side issues resulting from lengthening replacement cycles.”

Walia added that the market recovery could have been even better had the component shortage did not have the impact it did in the second half.

He said: “The major brands navigated the component shortages comparatively better and hence managed to grow by gaining share from long-tail brands.”

Overall, Samsung shipped 271 million smartphones, up 6% from 2020. Counterpoint Research attributed the increase to higher demand for the mid-tier A and M Series devices. Apple registered an 18% on-year growth to a record 237.9 million units on the back of the iPhone 12 Series’ strong performance. Xiaomi’s global shipments grew 31% on year to a record 190 million units.

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Oppo, including OnePlus shipments since Q3, recorded a 28% growth to 143.2 million. Sister brand Vivo grew 21% to 131.3 million units. Motorola, on the other hand, was the fastest-growing smartphone brand among the top 10 original equipment manufacturers based on global shipments.

For the first time, Realme entered the top five in global Android smartphone shipments, while Honor also entered the top 10 in its first year as an independent manufacturer. 

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Originally appeared on: TheSpuzz