Sony reportedly had the largest share of smartphone makers in 2020. A recent report also predicts the smartphone market in 2021.
The global smartphone camera market reached $ 15 billion in 2020, an increase of 13% compared to 2019. According to the company report «Analytics strategyLast year, Sony had the largest market share in terms of revenue with 46%, followed by Samsung LSI and Security Vision Technology, which have a share of 29% and 10%, respectively. The three companies together account for 85% of the market. Of course, Sony’s share of the smartphone camera market is expected to decline this year, following the growth of other competitors.
According to the latest research, the global supply of smartphones in 2021 will increase by 6.5% and will reach 1.38 billion devices per year. Much of this growth will be due to improving the economic situation by reducing the spread of coronary heart disease. In addition, Xiaomi is likely to become the third global brand in the field of mobile phones, thus ousting Huawei. Xiaomi is also expected to perform well in markets such as India and Russia, and to be very strong in Central, Western and Eastern Europe.
2021 will be the year of Chinese brands, and Vivo, Xiaomi and Oppo will become the top three players in Asia-Pacific, thanks to expanding sales and competitive pricing, according to Linda Sui, chief analyst at Analytics.
The report also notes that in Africa and the Middle East, Samsung’s position is falling from the largest seller to the second position, and Xiaomi is taking the third place from Apple. In Western Europe, Xiaomi is in third place.