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With the smartphone ic digital literacy and technological advancements across the globe, innovations including smartphones have been gaining traction in the market considerably in the recent years. Furthermore, with the emergence of some of the largest smartphone companies offering products with advanced features including multiple SIMS and high-speed processors.

Smart phone market players have been engaging in continuous strategic partnerships resulting in high competition. Furthermore, the increasing penetration of local smartphone players is resulting the global smartphone market to become one of the most volatile industries of all time. In addition, the rising digital literacy and surging purchasing power of consumers, particularly, in the emerging economies including India and China, the smartphone market demand will continue to rise during the next few years, smartphone ic.

With the advent of budget or cost-effective smartphones and the flourishing of 4G coverage even in the remote areas, the dynamics of the smartphone industry are increasingly expected to change over the forthcoming years.

Owing to the continuously rising popularity of multi-sim smartphones among the consumers of the emerging economies including India and China, there has been a mushrooming rise in the number of stores from some of the largest smartphone companies offering advanced products, smartphone ic. Smartphone ic, these smartphones are gaining immense popularity in these economies owing to their provision of offering lowest tariff rates for data plans and smartphone ic access to advanced cellular coverage without roaming charges.

Founded in and headquartered in South Korea, Samsung has been able to gain the highest share among the largest smartphone companies across the globe.

The company has been engaged in offering smartphone ic wide range of products and services across several industries. Samsung has been quite a trend-setter in the global smartphones industry with its innovative offerings.

The phone also has additional features including Bixby virtual assistant, fitness tracker Samsung Health, smartphone ic, and payment service Samsung Pay. Established inHuawei Technologies is a Chinese company focused in offering telecommunications equipment, multinational networking, and services.

The company became one of the largest smartphone ic equipment manufacturers post the acquisition smartphone ic Ericson in Huawei Technologies garnered a revenue of more than USD 92 billion by the global sales of various products and services including smartphones, mobile and fixed broadband networks, tablet computers, dongles, consultancy and managed smartphone ic. The company employs over smartphone ic, people across the globe and has been encouraging the adoption of advanced technologies to be incorporated in its latest offerings.

In SeptemberHuawei Technologies revealed the foldable design feature of its next generation of 5G mobiles. Apple is a US-based technology company focused on smartphone ic, developing, and selling online services, smartphone ic, computer software, and consumer electronics, smartphone ic.

The company has been focusing on launching innovative designs in computer software and hardware since its inception in The company employs overpeople worldwide with over retail stores across the world. The product has been manufactured by integrating breakthrough technologies from iPhone Xs with features including a next-gen Neural Engine, smartphone ic, Smartphone ic ID, TrueDepth camera system, and an advanced camera system. The company recorded a revenue of USD billion in to make its mark in the largest smartphone companies of the world by market share.

Established inthe company has been able to retain its position in the largest smartphone companies across the globe owing to its offerings including smartphones, electronic devices, and Blu-ray players. Considering the continuously rising demand for the global rugged smartphone market from the emerging economies in the APAC region including India and China, the company has been focusing on strengthening its expansion plans, smartphone ic.

As a result, in Octobersmartphone ic, OPPO announced smartphone ic plans of opening or setting up its first research and development center in Hyderabad. Such initiatives will gain traction with the Make in India initiative taken by the government for offering a wide range of products to the consumers.

For a detailed analysis of the global smartphone market, please get access to your day Free trial on Technavio. Established inthe company is owned BBK Electronics smartphone ic in the manufacturing and sales of smartphones, smartphone smartphone ic, online services, and software. The company has its development centers in the advanced areas of China employing over 1, research and development professionals. Vivo has managed to gain significant share in the top 10 largest smartphone companies owing to the increasing acceptance of its smartphones among the millennial smartphone ic. Owing to the rising demand from the millennial customer smartphone ic of the Indian smartphone industry, Vivo has been trying to enter the Indian market by launching its latest mobile in SeptemberV9 Pro.

The phone come with wide range of advanced features, in turn, becoming a viable choice for potential buyers. Founded inXiaomi smartphone ic headquartered in China and is involved in the manufacturing of smartphones, laptops, consumer electronics, and other mobile apps.

The company has been catering the consumers not only in China but other emerging economies including India, Indonesia, South Africa, Philippines and others. Xiaomi has been able to garner a revenue of USD smartphone ic billion as of with the aid of over 15, employees across the globe. Owing to the rising purchasing power of consumers in the developing nations and increasing digital literacy among the millennials, Xiaomi has been able to reach out to a wider customer segment through a smartphone ic presence on the online retail channels.

Founded inOnePlus has been offering different products including smartphones, smartphone ic, powerbanks, smartphones, and smartphone accessories. The company is currently serving over 34 countries by providing high-range smartphones through different marketing programs including the buyback program, smartphone ic, student ambassador program, and referral program. OnePlus has a significant presence in the online and in-store retail channels, which, in turn, strengthens its market position as one among the leading largest smartphone companies in the world.

OnePlus has also been strengthening its technical side by announcing the incorporation of Android P Beta smartphone ic its soon to be launched OnePlus 6 Android Smartphone.

With the aid of its online sales partner Amazon, the company has launched a dedicated webpage for the users in India will be able to pre-book the soon to be launched OnePlus 6T smartphone. Founded inLG is a South Korean consumer electronics company employing over 82, people across the globe. The company manufactures a wide range of smartphones and tablets as a part of its extensive product portfolio.

LG has been incorporating advanced features to its latest product offerings to gain traction in the global smartphone envelop smartphone ic IC market. With more and smartphone ic consumers demanding for smartphones with advanced features including megapixel cameras, full high-definition displays, AI chips, human-machine interface HMIand other features, some of the largest smartphone companiesin the world including LG are increasingly focusing on offering the smartphone ic products.

Headquartered in China and established inLenovo smartphone ic engaged in the manufacturing and selling of smartphones, servers, computers, smart televisions, electronic storage devices, and IT management software. The company garnered a revenue of over USD 45 billion in with the aid of over 54, employees across the globe.

Lenovo has been encouraging the manufacturing of budget smartphones for catering the potential consumer segment in the emerging economies including India, smartphone ic. The company began selling smartphones in post the acquisition of Motorola Mobility. For penetrating in the online retail space, Lenovo also launched an online-only smartphone ic for smartphones called Zuk in China.

Founded inNokia is a Finnish consumer electronics company employing overpeople across over countries. The company has been catering its services to a wide range of industries including governments, large enterprises and consumers. It is also leveraging the 5G infrastructure and the latest technologies including the Internet of Things for transforming the human experiences, smartphone ic. The company has been encouraging the adoption of online retail policies to reach out to a larger target audience, smartphone ic.

Venturing as a leader in the feature phone industry smartphone ic the smartphone market, smartphone ic, Nokia has been able to gain a valuable market share among the largest smartphone companies in the world in With the increasing adoption of machine learning, artificial learning and other advanced technologies, some of the largest smartphone companies are increasingly introducing intelligent phones for attaining a higher market share.

Features such as intelligent camera and smart power management are gaining traction in the global intelligent phones market. Similarly, Huawei Technologies is also offering intelligent phones with various attractive features including split screen, smartphone ic, easy projection, and multi-column display.

Furthermore, AI in intelligent phones is enabling users to translate into different languages without smartphone ic to the Internet, smartphone ic. Such trends in the global smartphones market is likely to propagate smartphone ic the predicted period. View the report featured in this article. Top 10 Smartphone Companies by Market Share in Samsung Founded in and headquartered in South Korea, Samsung has been able to gain the highest share among the largest smartphone companies across the globe.

Huawei Technologies Established inHuawei Technologies is a Chinese smartphone ic focused in offering telecommunications equipment, multinational networking, and services. Key Products: iPhone Xs, iPhone XR, iPhone8, iPhone7 and others OPPO Established inthe company has been able to retain its position in the largest smartphone companies across the globe owing to its offerings including smartphones, electronic devices, and Blu-ray players.

Xiaomi Founded inXiaomi is headquartered in China and is involved in the manufacturing of smartphones, laptops, consumer electronics, and other mobile apps. Lenovo Headquartered in China and established inLenovo is engaged in the manufacturing and selling of smartphones, smartphone ic, servers, computers, smartphone ic, smart televisions, electronic storage devices, and IT management software.

What is the global smartphone market size? What are the latest smartphone market trends, drivers, and challenges?

All the detailed answers can be seen in this following market report:. Global Smartphone Market Report Related articles. Tweets by Technavio.

 

 

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