Samsung remained the 2nd global smartphone brand in the fourth quarter of 2021: this is what leaked from a recent report that emerged online in these hours.
According to a recent estimate by Counterpointthe revenue of the global smartphone market exceeded $ 448 billion in 2021. Despite the challenges of the global chip crisis affecting many sectors, the mobile phone sector is projected to grow by 7% in 2021 compared to 2020.
Samsung: revenue for 2021
According to the report, revenue from Samsung phone sales grew 11% year-over-year to a staggering $ 72 billion in 2021, a nice upgrade from $ 64 billion in 2020.
The South Korean giant was able to increase its global market share in the medium and premium segments with the launch of the flagship Galaxy S series and the increase in the share of 5G phones.
In addition to that, Samsung has launched two foldable smartphones: the Galaxy Z Fold 3 5G and the Z Flip 3, which have also increased the brand’s overall revenue. The company shipped three times more foldable devices in 2021 than in 2020.
IPhone revenue grew 35% in 2021 to a staggering 196 billion. It recorded 44% of total global smartphone revenue in 2021. High demand for the iPhone 12 and 13 series with 5G modems helped Apple record a 14% increase in its total ASP, which reached the average value. of $ 825 in 2021.
In combination with data from OPPO And OnePlus, the company recorded an annual revenue growth of 47% to $ 37 billion. Devices like the Reno 6 series, Find X3 and OP 9 have contributed to the increase in terminal shipments in the $ 400- $ 599 and $ 600- $ 799 price ranges.
On the other hand, the Chinese OEM Xiaomi achieved annual revenue growth of 49% ($ 36 billion) in 2021. India continues to be one of India’s largest markets, contributing to the growth of high-end and mid-range phone shipments in the region . The ASP of I live grew 19% to $ 259 in 2021, while manufacturers’ revenue increased 43% to $ 34 billion.