IDC’s latest smartphone market report sees Huawei rising into Top Five
The latest Worldwide Quarterly Mobile Phone Tracker report is in from market research company IDC, and apparently the overall mobile phone market grew 1.9 percent year-on-year in Q4 2012. Vendors shipped a total of 482.5 Million phones in Q4 2012 (vs the 473.4 Million shipped in Q4 2011) and the global mobile market saw a yearly growth of 1.2 percent, with 1.7 Billion phones shipped.
Unsurprisingly, there were more smartphones shipped in Q4 2012 than ever before, with 45.5 percent of all mobile phones shipped during the quarter, being smartphones. A year-on-year growth of 36.4 percent. For the entire year, 712.6 million smartphones were shipped, which is 44.1 percent more than in 2011.
What is a suprise though, is that Huawei rose to third place in the list of top smartphone vendors for the quarter, with their shipments increasing 89.5 percent year-on-year. This came at the expense of HTC, which dropped from the top give list, but is still 4th on the yearly list. In overall mobile phones, Huawei still managed to take 5th place, pushing LG down the ranks. ZTE also performed well in Q4 2012, seeing their shipments grow 48.4 percent to take up 5th place in the quarter.
The smartphone market is still dominated by Apple and Samsung but senior research analyst at IDC, Kevin Restivo, stated that there were “ample opportunities for challengers.” and that vendors with unique market advantages can rapidly gain market share in emerging markets.
More info over at the IDC report, at the link below.