Connect with us

Datastream

Top Smartphone Brands, By Global Sales

Published

on

Top Smartphone Brands 2020

Can I share this graphic?
Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist.
When do I need a license?
Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options.
Interested in this piece?
Click here to license this visualization.

The Briefing

  • In 2020, Samsung remained the top smartphone vendor based on units sold
  • Of the top five brands, Apple and Xiaomi were the only ones that saw sales increase in 2020
  • China is expected to see the most sales in 2021, but the highest growth areas are projected to be in Western Europe, Latin America, and in more mature markets in the Asia-Pacific

Top Smartphone Brands, By Global Sales

Many industries took a hit last year, and the smartphone market was no exception—in 2020, smartphone sales worldwide dropped by 12%.

Yet, despite an overall decrease, two of the top five global brands—Apple and Xiaomi—experienced an uptick in sales from the year prior.

Here’s a look at the top smartphone brands in 2020, by units sold:

Vendor2020 Sales (millions of units)2020 Market Share2020-2019 Growth
Samsung253.018.8%-14.6%
Apple199.814.8%3.3%
Huawei182.613.5%-24.1%
Xiaomi145.810.8%15.7%
OPPO111.88.3%-5.8%
Others454.833.7%-19.6%
Total1,347.9100.0%-12.5%

Samsung is King, For Now At Least

Samsung remains the top smartphone manufacturer—at least for now—capturing almost 19% of the global market in 2020. That’s about the same portion of market share it held back in 2019.

Yet, while Samsung’s market share remains relatively intact, sales did drop by almost 15% in 2020. That’s a slightly bigger dip than the overall market, which experienced a 12.5% decline in sales last year.

Meanwhile, Apple crawled up the ranks in 2020, surpassing Huawei and claiming the number two spot on the list. The U.S. company launched the iPhone 12 in October 2020, which boosted Q4 2020 unit sales by almost 15% compared to Q4 2019.

Forecast for 2021

The future looks promising for global smartphone sales, and this year is no exception. In fact, Gartner expects 11.4% growth in comparison to last year.

According to Gartner, growth is on the horizon for two main reasons—delayed device replacement, which was reflected in last year’s sales slump, and increased availability of new, more affordable products.

» Like this? Then you might also like: Visualized: A Snapshot of the Global Personal Tech Market

Where does this data come from?

Source: Gartner
Notes: According to Gartner, Mature Asia Pacific refers to Australia, Japan, New Zealand, Singapore, and South Korea. Sales data is from 2020.

Click for Comments

Datastream

Charting the Rise of Cross-Border Money Transfers (2015-2023)

With over 280 million immigrants transferring billions of dollars annually, the remittance industry has become more valuable than ever.

Published

on

The Briefing

  • 79% of remittance payments in 2022 were made to low and middle-income countries.
  • Borderless, low-cost money transfer services like those provided by Wise can help immigrants support their families.

The Rise of Cross-Border Money Transfers

The remittance industry has experienced consistent growth recently, solidifying its position as a key component of the global financial landscape. Defined as the transfer of money from one country to another, usually to support a dependent, remittances play a pivotal role in providing food, healthcare, and education.

In this graphic, sponsored by Scottish Mortgage, we delve into the growth of the remittance industry, and the key factors propelling its success.

Powered by Immigration

With over 280 million immigrants worldwide, the remittance industry has an important place in our global society.

By exporting billions of dollars annually back to their starting nations, immigrants can greatly improve the livelihoods of their families and communities.

This is particularly true for low and middle-income countries, who in 2022 received, on average, 79% of remittance payments, according to Knomad, an initiative of the World Bank.

YearLow/Middle Income (US$ Billion)World Total (US$ Billion)
2015$447B$602B
2016$440B$596B
2017$477B$638B
2018$524B$694B
2019$546B$722B
2020$542B$711B
2021$597B$781B
2022$626B$794B
2023$639B$815B

India is one of the global leaders in receiving remittance payments. In 2022 alone, over $100 billion in remittances were sent to India, supporting many families. 

Enter Wise

As the global remittance industry continues to grow, it is important to acknowledge the role played by innovative money transfer operators like Wise.

With an inclusive, user-centric platform and competitive exchange rates, Wise makes it easy and cost-effective for millions of individuals to send money home, worldwide.

Connection Without Borders

But Wise doesn’t just offer remittance solutions, the company offers a host of account services and a payment infrastructure that has helped over 6.1 million active customers move over $30 billion in the first quarter of 2023 alone.

Want to invest in transformative companies like Wise?

Discover Scottish Mortgage Investment Trust, a portfolio of some of the world’s most exciting growth companies.

Continue Reading

Subscribe

Popular