A recent report from International Data Corporation (IDC) had revealed that the global smartphone shipments has seen a positive growth on a year over year basis in Q3 2019.
Overall, the global smartphone shipments have expanded by approximately 0.8%, from 355.6 million (Q3 2018) to 358.3 million (Q3 2019). Compared to the second-quarter of the year, we also saw an 8.1% growth during the third-quarter of the year.
Huawei records the highest year-over-year growth
Among the top-five smartphone makers in the world, Samsung maintained it’s top-position with a whopping market share of 21.8%. Compared to Q3 2018, the Korean smartphone maker had recorded a year-over-year growth of 8.3%. It’s smartphone shipments rose from 72.2 million (Q3 2018) to 78.2 million (Q3 2019).
Although Huawei remained on the second position, but it has recorded the highest year-over-year growth among all the major smartphone makers. Smartphone shipments from Huawei saw an tremendous growth from 52 million (Q3 2018) to 66.6 million (Q3 2019). This translates to a top-line growth of 28.2% in it’s market share from 14.6% (Q3 2018) to 18.6% (Q3 2019).
Most of it’s growth attributed to it’s booming demand in the local market. Previously, market analyst firm Canalys reported that the Chinese smartphone maker had saw a 66% year-over-year growth in the Chinese market. This helps to cushion the impact of the plummeting smartphone sales outside China, as a result of the ongoing US trade ban.
Last but no the least, the third to fifth positions are occupied by Apple, Xiaomi and OPPO respectively. Among the three firms, OPPO is the only one which had recorded a positive year-over-year growth.