Chinese smartphone manufacturers seeing substantial growth
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IT and market research firm Gartner has provided its own assessment on the global smartphone market as of Q3 2016. The analysis echos the same results as published by IDC earlier this month.
Accordingly, Gartner is seeing manufacturers from China rising faster than the competition with Samsung slumping the most in sales due to the Galaxy Note 7 disaster. This has opened the way for Chinese manufacturers to rise to the worldwide top five ranking as of this past quarter.
Global smartphone sales are up 5.4 percent YoY from around 354 million to 373 million units. Huawei, Oppo, and BBK collectively accounted for approximately 21 percent of the smartphone market compared to 19.2 percent from Samsung alone. Apple has fallen as well, but not nearly as substantially as Samsung from 13 percent in Q3 2015 to 11.5 percent as of Q3 2016.
Gartner research director Anshul Gupta has reiterated the results claiming that China is currently leading the smartphone market with regional sales up 12.4 percent due to the massive growth opportunities for Oppo and BBK. Sales are up 81 percent and 89 percent for Oppo and BBK, respectively, in Russia and Asian countries including India, Indonesia, Malaysia, and Thailand.