Growing Brand: Counterpoint Grows to 380 Million Units in Q3, Realme Fastest

By | November 1, 2019

Samsung directed the market with 21 percent discuss with powerful demand because of the Note and A smartphone collection, whilst Huawei attained a record high with 18% share.

Realme has been the fastest growing manufacturer, attaining the seventh place worldwide.

“The smartphone market finished a lengthy period of constant YoY declines in Q3 2019 because of increased imports in India and China,” stated 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%, and consequently, earnings dropped 11 per cent YoY.

The favorable response for the newest iPhone 11 show throughout the tail end of this quarter is a silver lining for Apple entering the holiday season quarter,” said the report.

Associate Director in Counterpoint Research, tarun Pathak, stated that the US trade ban on Huawei failed to impact growth and the brand’s imports in Q3 2019 .

“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 marketshare domestically,” Pathak noted.

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