The global smartphone market is witnessing immense growth at a global level due to the introduction of many advanced computing technologies. In comparison to normal mobile phones, they offer more features to allow people to live a smart life.
According to the data available by Statista, global smartphone shipments have seen a big boom over time. They are expected to reach around 1.48 billion units in 2023 and by the end of 2020, 44.9 percent of people in the world would own a smartphone.
Many key smartphone manufacturers are ruling the global smartphone market on a large scale. They focus on providing customer-friendly features to people to help them live their life in a smart manner. iPhone revolutionized the smartphone industry with the introduction of multiple features in its phones.
The year 2020 saw the shipments of over 58.5 million units of Samsung smartphones at a global level. Till the second quarter of 2020, Huawei saw a big hike in its shares in the market and it stood at one-fifth of global shipments.
The market shares of different smartphone companies have seen a big hike over the last three years (during 2018-20). Samsung stood at the top spot with a shipping volume of 80.4 million units with 48% QoQ and 3% YoY growth over the last three years.
Other brands namely Realme Xiaomi, OnePlus, Vivo, OPPO, etc have also witnessed a boom in their shares from Q2 to Q3 of 2020. Recently, one smartphone HONOR 20 Lite has created a big hype in the smartphone industry due to the plethora of features it contains. Please check the user reviews about HONOR 20 Lite in order to know more about the smartphone in great detail.
