Also, it is building partnerships with leading sports events to grow its influence across Europe. He holds a Masters of Business Administration from IM, BHU (Varanasi) and a Computer Science and Engineering degree from IT, GGV (Bilaspur). They actively ensure they maintain a detailed understanding of HERE’s capability and strategy. Also, in new markets like LATAM, Europe and the MEA, Xiaomi’s share expanded rapidly at the expense of Huawei amid US-China trade sanctions. Exhibit 1: Smartphone Wholesale ASP ($) by Regions*. Notably, Apple also captured around 59% of the global smartphone industry profit in Q2 2020. The overall story remains the same: Samsung has regained the … 2019 – Another Turbulent Year Ahead for Automakers. This combination means their insights offer real value to our business and are widely appreciated across our business. The research firm’s trust rankings are based on certain four pillars. According to Counterpoint Research's new report, Hsinchu, Taiwan-headquartered MediaTek’s strong performance in the $100-$250 price band and growth in key regions such as China and India helped it become the biggest smartphone chipset vendor. You can also visit our Data Section (updated quarterly) to view the smartphone market share Globally and from the USA, China, and India. Indian customers on average spend Rs 2,400 on out-of-warranty smartphones: ... their customers as well as for employees said Research Associate ... largest online smartphone brand: Counterpoint. Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Exhibit 2: Global smartphone Shipments Revenue Share by OEMs . According to Counterpoint Research's new report, Hsinchu, Taiwan-headquartered MediaTek’s strong performance in the $100-$250 price band and growth in key regions such as China and India helped it become the biggest smartphone chipset vendor. Samsung Galaxy A90 5G. Commenting on the overall market dynamics, Associate Director Tarun Pathak said, “Eased lockdown conditions in all key markets made way for exports and imports, thus streamlining the supply chain again. Recently, Counterpoint Research released a report on trust rankings for smartphone brands. Our growing team of industry analysts and thought leaders should address all your needs. Hence, the smartphone industry is no exemption to this. Samsung Galaxy S21: Can it be the Flagship Samsung Needs in Europe? Despite a delayed launch, … A-series 5G SKUs showed solid uptake in the US. Counterpoint Research issued its aggregated report on the smartphone market in Q3 of this year a month ago, but now it's ready to share a some more … In India, smartphone OEMs started … The research firm’s trust rankings are based … Overall, the smartphone ASP in China increased 12% YoY and the region contributed to over 34% of the global smartphone revenue, highest since 2016. 5G smartphone shipment is expected to rise more than nine times to reach 38 million units in 2021, driven by a strong portfolio of products from brands like OnePlus and Apple, according to research firm Counterpoint.. Within the OEMs, Apple led the global smartphone revenues, capturing one-third of the pie, followed by Huawei and Samsung. Exhibit 2: Global smartphone Shipments Revenue Share by OEMs. Counterpoint Research tracks 3,000+ models, 500+ brands and 50+ countries every month. New Delhi, Jan 21 (PTI) 5G smartphone shipment is expected to rise more than nine times to reach 38 million units in 2021, driven by a strong portfolio … Counterpoint Latest News on NDTV Gadgets 360. 2019 – Another Turbulent Year Ahead for Automakers? The global smartphone market declined 4% YoY but grew 32% QoQ to reach 366 million units in Q3 2020, according to the latest research from Counterpoint’s Market Monitor Service. Rapid growth of realme continued during the quarter. The global smartphone market wholesale average selling price (ASP) increased 10% YoY in Q2 2020 even as the shipments declined the highest ever at 23% YoY. Notably, this was also the first time when Xiaomi surpassed Apple to capture the third spot. The new research report from Counterpoint Research offers details on wearable shipments in Q3 2020. He started his career as an analyst at India Internet Fund where he studied early stage investment trends and did sector analysis. This was also because while all the other major economies were still suffering from the severe impact of COVID-19, China was already on the path to recovery. Please touch base for any queries or insights on tech industry. He started his career as a Consultant with Infosys Limited where he was able to identify strategic avenues for business growth through deep research and analysis of markets and companies in various domains. This is the firs Huawei briefly overshadowed Samsung and became the world's biggest smartphone maker in April, according to market research firm Counterpoint Research. While shipments for most of the OEMs declined in Q2 2020, shipments for Apple increased 3% YoY and iPhone revenues increased 2% YoY. Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Due to the COVID-19 … We provide syndicated research reports as well as tailored. Research Analyst Abhilash Kumar said, “Xiaomi reached its highest-ever shipments at 46.2 million units in Q3 2020. According to it, the market declined 13% YoY but improved … The research … The brand is also performing well in Southeast Asian markets like Indonesia, Philippines and Vietnam.”, Commenting on realme’s performance, Kumar said, “Accumulative shipments of realme smartphones reached over 50 million units in Q3; with this, it became the world’s fastest brand to hit 50 million shipments since inception, surpassing top players such as Samsung, Apple, Huawei and Xiaomi. Huawei briefly overshadowed Samsung and became the world’s biggest smartphone maker in April, according to market research firm Counterpoint Research. Going forward, 5G smartphone shipments are expected to increase by more than nine times to reach 38 million units in 2021," Counterpoint said. Abhilash is a Research Analyst who tracks mobile devices and media market. here OPPO is relying on operator partnerships to expand in European markets. This was because of Huawei’s continued push in China, the first country to recover from COVID-19. But it has now changed and the effect can be clearly seen in the Q1 2020 Counterpoint Research smartphone sales tracker for South Korea. For instance, the Global smartphone shipments have declined by 8%. Counterpoint noted that India's smartphone market was one of the fastest to recover after COVID-19-induced restrictions were lifted all over the world in the third quarter of 2020. Entry-level devices are usually bought offline, and most of the global markets were in some stages of lockdown during Q2 2020. Varun is a Research Analyst at Counterpoint Research based out of Gurgaon. In Counterpoint, he closely tracks mobile devices and ecosystem with a focus on Emerging Markets. Its smartphones like Poco C3 and Poco M2 were the main drivers of this growth,” Shilpi Jain, Research Analyst, Counterpoint said. China was the largest contributor to 5G sales. Commenting on the smartphone market recovery, Shobhit Srivastava, Research Analyst at Counterpoint Research, noted, “The global smartphone market ended a long period of continuous YoY declines in Q3 2019 due to increased shipments in India and China, the two top-focus markets for every player in the mobile value chain. Also, the pent-up demand due to lockdowns helped the smartphone market take a recovery trajectory. OnePlus grew 2% YoY and 96% QoQ driven by the strong performance of 8 series and the Nord in key markets like India and Western Europe. Overall, the smartphone industry revenue declined 15% YoY during the quarter. During the quarter, 5G contributed to 10% of the total global handset shipments but contributed to 20% of the total handset revenue since most of the 5G devices in Q2 2020 were in the premium segment. Global refurbished smartphone market declined 9% on-year in 2020: Counterpoint Latin America (LATAM) witnessed a de-growth of -19%, followed by Europe (-14%), and South-East Asia ( … There was also an increased dependency on mobile phones during the lockdown, with work from home, study at home, productivity applications, gaming, entertainment and other content consumption happening through mobile phones in varying degrees. MediaTek became the biggest smartphone chipset vendor with 31% market share in the third quarter of 2020, when smartphone sales rebounded during the quarter, according to Counterpoint Research. The chipmaker gained 31-percent market share in the third quarter of 2020. Also, with the launch of the iPhone 12 series in Q4, Apple will be the key to driving 5G volumes in markets like the US, Canada and Western Europe.”, For press comments and inquiries please reach out to press (at) counterpointresearch.com. Interestingly, 5G shipments in Q3 exceeded the overall H1 2020 shipments. Weekly Update: Global Coronavirus Impact and Implications, Global Refurbished Smartphone Market Fell 9% in 2020, True Wireless Hearables Market Beats Expectations in 2019 with Apple to Continue Dominating in 2020, Top Five Smartphone Brands in Nigeria Capture a Record 84% Share in Q2 2019, Nokia Leads the Global Rankings in Updating Smartphone Software and Security. Are based on certain four pillars player, driven by the success of the Q3 2020 global smartphone market Q3. In Q3 exceeded the overall H1 2020 shipments other adjacent topics usually bought offline and! 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