Apple Tops IDC’s 2023 List of Smartphone Manufacturers with Highest Market Share

by time news

2024-01-16 09:16:17
According to a report released by the International Data Corporation (IDC), Apple has taken the first place in the list of smartphone manufacturers with the highest market share in the world in 2023. Samayam Tamil Image Source: Apple

With around 80.5 million smartphone units sold, Apple holds a 24.7% market share. It is revealed that Apple has increased its market share by 11.6% compared to last year.

It is noteworthy that Apple has a 24.0% market share with shipments of 72.1 million units of smartphones in 2022.

Apple is followed by Samsung, Xiaomi, Transsion (a Chinese mobile company that manufactures branded mobiles like Itel, Techno, Infinix) and Vivo at the 2nd, 3rd, 4th and 5th positions respectively.

Samsung, which occupies the 2nd position in this list, has shipped a total of 53.0 million units of smartphones in 2023 and has a market share of 16.3%. Xiaomi, which is ranked 3rd, shipped 40.7 million units and has a market share of 12.5%.

Transsion is at the 4th position with 8.6% market share with 28.2 million units shipped and Vivo is at the 5th position with 7.4% market share with 24.1 million smartphone units shipped.

List of Top 5 Mobile Manufacturing Companies

Brand Shipment UnitsMarket ShareApple 80.5 million units24.7%Samsung 53.0 million units16.3%Xiaomi 40.7 million units12.5%Transon 28.2 million units8.6%Vivo 24.1 million units7.4%Others 99.5 million units30.5%

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