CR: Total smartphone revenues in 2021 reached $448 billion, Apple leads the way


The newest Counterpoint Analysis report is having a look on the revenues generated by smartphone makers for the previous 12 months. Smartphone distributors generated a complete of $448 billion in revenues for 2021 which represents a 7% improve in comparison with the values for 2020. The typical smartphone promoting worth (ASP) grew by 12% on the yearly foundation and reached $322 because of a rising demand for 5G units. An estimated 40% of all smartphones shipped in 2021 had been 5G-capable which is an 18% rise in comparison with 2020 values.

CR: Total smartphone revenues in 2021 reached $448 billion, Apple leads the way

Apple but once more sits atop the rankings with whole revenues of $196 billion and a 44% share of all revenues within the smartphone market. Cupertino noticed elevated demand for its new iPhone 13 collection in addition to extended curiosity for the previous-gen iPhone 12 fashions. The ASP for iPhones in 2021 reached $821 which is an all-time excessive. Apple continued its rise in creating markets like India, Thailand, Vietnam and Brazil.

CR: Total smartphone revenues in 2021 reached $448 billion, Apple leads the way

Coming in at a distant second place is Samsung with its $72 billion in revenues. The determine is an 11% improve in comparison with 2020’s $64 billion. Samsung telephones’ ASP grew by 5% on the yearly foundation reaching $263. The midrange and premium segments contributed to the biggest development for the South Korean tech big with the flagship Galaxy S collection and midrange Galaxy A and M fashions promoting essentially the most models. Samsung additionally managed to increase its foldable shipments threefold.

CR: Total smartphone revenues in 2021 reached $448 billion, Apple leads the way

Xiaomi is the third main model with $37 billion in revenues which is a 49% improve in comparison with 2020 values. India served as Xiaomi’s key market the place the model reached new highs within the smartphones priced above INR 18,000 ($250) which accounted for 14% of the model’s presence within the nation.

CR: Total smartphone revenues in 2021 reached $448 billion, Apple leads the way

Oppo noticed $36 billion in revenues and a 15% improve in its telephones’ ASP which now stands at $259. The model’s Discover X3, Reno 6 collection and sister firm OnePlus 9 collection had been essentially the most sought-after units. Over 50% of Oppo telephones shipped in 2021 had been 5G prepared.

CR: Total smartphone revenues in 2021 reached $448 billion, Apple leads the way

Fifth place belonged to fellow BBK subsidiary vivo which noticed revenues of $34 billion. Its smartphone ASP additionally stood at $259 and it was additionally the fifth-largest model by way of international smartphone shipments for 2021.

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