Worldwide smartphone sales totaled 366 million units in the third quarter of 2020, down 5.7% from the third quarter of 2019, according to analyst firm, Gartner. Overall global mobile phone sales to end users totaled 401 million units, a decline of 8.7% year-over-year.
After two consecutive quarters of a decline of 20%, quarterly smartphone sales have started to show signs of recovery sequentially. However, smartphone sales continued to remain weaker compared to the same time period in 2019, even with vendors introducing multiple 5G smartphones and governments relaxing shelter-in-place instructions in some geographies.
According to Gartner’s analysis, economic uncertainties and continued fear of the next wave of the pandemic continue to put pressure on nonessential spending through the end of 2020. The delay in 5G network upgrades has also limited the opportunity for smartphone vendors.
Among the top five smartphone manufacturers, Samsung held the No. 1 position with 22% market share. Xiaomi moved ahead of Apple into the No. 3 position for the first time ever with sales of 44.4 million units compared to Apple’s sales of 40.5 million units in the third quarter of 2020.
Samsung and Xiaomi grow
Samsung and Xiaomi were the only vendors in the top five to experience growth in the third quarter of 2020. Samsung benefited from its strong positioning amongst Android users and recorded sales of 80.8 million units. Xiaomi grew 34.9% in the third quarter of 2020, securing 12.1% market share and moving past Apple into the No. 3 position. Xiaomi gained from Huawei’s loss including strong performance in China.
Consumers are limiting their discretionary spend even as some lockdown conditions have started to improve. Global smartphone sales experienced moderate growth from the second quarter of 2020 to the third quarter. This was due to pent-up demand from previous quarters.
Anshul Gupta, senior research director at Gartner