According to a recent study, the global smartphone market volume in 2021 has grown by 448 billion dollars. It has become clear who the biggest, or rather, the one with the highest income, is the giant sector that has taken the world by storm.
In the research conducted by the research team called Counterpoint Research and published recently, the 5 largest companies in the smartphone world were revealed. In addition, how much income these giant companies earned from smartphones in 2021 was also included in the research.
Biggest revenue thanks to iPhones Apple
As a result of researches, it was revealed that the five brands with the highest global smartphone revenue in 2021 are as follows:
- Apple: $196 billion
- Samsung: $72 billion
- Oppo: $37 billion
- Xiaomi: $36 billion
- Vivo: $34 billion
Among these companies, Apple’s revenue from the iPhone increased 35% year-on-year to $196 billion. The company alone accounts for 44% of total global smartphone revenue. It is also among the news that the strong demand for the iPhone 12/13 series has increased the average selling price of the iPhone by 14% to $825.
South Korea-based Samsung, on the other hand, ranks second with 72 billion dollars in revenue and its average selling price increased by 5% to $263. Oppo took third place. This company’s revenue also increased 47% year-on-year to $37 billion. Looking at the average selling price of an Oppo smartphone, it was seen that the price increased by 15% year-on-year to $259.
Xiaomi, which is also very popular in our country, ranks fourth with 36 billion dollars in revenue due to increasing shipments and the market share of mid-high-end smartphones such as the Mi 11x series. Vivo’s revenue grew 43% year over year to $34 billion, placing it in fifth place. It is reported that the average selling price of this company increased by 19% year on year to $259.
In particular, in 2021, the iPhone stood out, with the global smartphone market generating most of the revenue ($196 billion). That’s more than Samsung, Oppo, Xiaomi and Vivo combined ($179 billion). In short, we can say that the situation for Apple is ‘I am one, you are all’.
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