In today’s digital age, smartphones have become an essential part of our lives. Almost everyone owns a smartphone, and it has become the primary mode of communication, entertainment, and work. With the widespread use of smartphones, it’s natural to wonder which company sells the most phones in the world? In this article, we’ll take a look at the top smartphone selling companies in the world.
The Top Smartphone Selling Companies
According to the latest market research report, Samsung has been the top smartphone selling company globally for the past few years. In 2020, Samsung sold over 255 million smartphones worldwide, capturing 19.5% of the market share. Samsung’s success can be attributed to its innovative design, features, and relatively affordable pricing.
Apple, the giant American tech company, holds the second spot with the highest market share of 15.9%. In 2020, Apple sold over 194 million iPhones worldwide. Although Apple’s market share is lower than Samsung’s, it still maintains a strong brand image and customer loyalty. Apple’s iPhones are known for their high-end features, excellent camera quality and user experience.
| Company | Market Share | Units Sold (in millions) |
|---|---|---|
| Samsung | 19.5% | 255 |
| Apple | 15.9% | 194 |
| Xiaomi | 10.8% | 142 |
| Oppo | 8.4% | 110 |
| Vivo | 7.6% | 100 |
The third spot is held by the Chinese tech giant Xiaomi with a market share of 10.8% and over 142 million units sold in 2020. Xiaomi’s focus on affordable pricing, innovative design and features have contributed to its growth in the market.
Other Chinese smartphone companies such as Oppo and Vivo have also gained popularity in recent years, capturing 8.4% and 7.6% of the market share respectively. Both companies are known for their focus on camera quality and innovative features.
Factors Contributing to the High Sales
There are several factors contributing to the high sales of smartphones. One of the primary factors is the affordability of smartphones. Companies such as Xiaomi and Oppo have gained popularity due to their relatively affordable pricing. Also, the availability of smartphones through e-commerce platforms, easy financing options, and competitive pricing has contributed to their sales.
Another crucial factor is the continuous innovation and improvement in technology. Companies such as Samsung and Apple are known for their innovative features, design, and user experience. Customers are willing to pay a premium price for high-end features and excellent camera quality.
Conclusion
In conclusion, Samsung is the top-selling smartphone company globally, followed by Apple, Xiaomi, Oppo and Vivo. The high sales can be attributed to a combination of factors such as affordability, availability, and innovation. While Samsung and Apple continue to maintain their dominant positions, other companies such as Xiaomi, Oppo, and Vivo have also gained popularity in recent years. With the ever-evolving technology, it’ll be interesting to see how the smartphone market evolves in the future.