The activity in the smartphone industry continues at full speed. While companies present their newest models to users in order to be one step ahead of the competition, research firms that monitor the pulse of the market also reveal the sales figures of smartphone manufacturers with the reports they publish periodically.
Counterpoint Research, one of these companies, has recently published an important report on what is happening in the smartphone industry in 2021. Accordingly, there was a first in the sector after 5 years.
Growth in the smartphone industry for the first time in 5 years
The global smartphone market has been in serious trouble in recent years due to reasons such as the global chip crisis and the pandemic. In this process, sales figures and industry growth were generally below expectations in the published reports, as the main focus of people around the world was not to buy a new technological product.
Although the effect of the virus has not decreased, the smartphone industry has started to recover gradually with this period when a certain stage was recorded in vaccination studies and we entered the normalization process.
According to the Counterpoint Research report, annual smartphone shipments reached 1.39 billion units in 2021, with a growth rate of 4 percent. Thus, growth was recorded for the first time in approximately 5 years in the sector. However, it is worth noting that these data are below the pre-pandemic levels.
2021 was a very productive year for Apple, which became the first company with a market value exceeding 3 trillion dollars in the past weeks. The company recorded a growth of 18 percent in this process, delivering 237 million smartphones and dethroning Samsung in the fourth quarter of the year, becoming the world’s largest smartphone manufacturer. Having achieved a similar success in China, the company is currently the country’s best-selling smartphone company.
So what do you think about this subject? Do you think the growth in the smartphone industry will continue? Do not forget to share your views with us in the comments section.
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