Samsung led the market with a 21 percent share with powerful demand because of its Note and A smartphone show while Huawei attained a record high with an 18 percent share.
Realme has been the fastest growing manufacturer, attaining the 7th area globally.
“The smartphone market finished a lengthy period of constant YoY declines in Q3 2019 because of increased imports in India and China,” explained Shobhit Srivastava, Research Analyst in Counterpoint Research.
The top 3 manufacturers, Samsung, Huawei, and Apple, collectively cornered nearly half of the smartphone market, with the remaining portion of the marketplace left for countless different brands to compete.
Apple iPhone prices were down 4 percent, and consequently, earnings dropped 11 percent YoY.
The favorable response for the hottest iPhone 11 show throughout the tail end of this quarter is a silver lining for Apple entering the holiday season quarter,” said the report.
Tarun Pathak, Associate Director in Counterpoint Research, stated that the US trade ban on Huawei failed to impact the total brand’s imports and growth in Q3 2019 following the doubts in June.
“Huawei’s approach to supplement its decrease in foreign market share with national push paid off handsomely.
“The rising feeling of nationalism towards Huawei amidst US-China commerce warfare combined with competitive go-to-market plan in China assisted Huawei boost mindshare and market share domestically,” Pathak noted.