Strategy Analytics has on Tuesday released its comprehensive 2013 smartphone report, and by the look of things, the future looks pretty bright for smartphone companies, especially Huawei, Lenovo, and LG.
Below are a few highlights that are worthy of noting:
- Total smartphone shipments, according to the research firm’s main analyst, Ken Hayes, showed tremendous growth on a year-on-year basis, rising from 700 million units in 2012 to around 990 million units in 2013.
- Apple and Samsung, as has often been the case, remain the two most dominant forces in the smartphone industry with nearly 50% of the smartphone shipments. The Korean giant managed to ship an estimated 320 million smartphones for the entire 2013 (“the largest number of units ever shipped by a smartphone vendor in a single year,” according to Strategy Analytics), whereas Apple shipped roughly 153 million units. Apple’s losing to Samsung in terms of shipment numbers is attributed mainly to its lack of presence in the low to mid-end markets.
- Huawei, Lenovo, and LG all showed “star” performances throughout 2013, and are perceived to be “hungry challengers” to Apple and Samsung. Each company managed to grow their shipments two times faster than the global industry average, and have a combined market share of around 14%, the research firms analysts say.