The smartphone industry has been steadily developing and growing since then, both in market size, as well as in models and suppliers. Global smartphone shipments are projected to add up to around 1.48 billion units in 2023. By the end of 2020, 44.9 percent of the world’s population is projected to own a smartphone.
In the first quarter of 2020, Samsung was the leading smartphone vendor in the world based on shipments, with over 58.3 million units shipped globally. Overall Samsung held a 18.8 percent share of the smartphone market in the fourth quarter of 2019. The company’s influence in the market peaked in the third quarter of 2013 when it was responsible for 32.5 percent of all smartphone shipments, shipping a total of 85 million units.
Until the first quarter of 2011, Nokia was the leading smartphone vendor worldwide with a 24 percent market share. As of the second quarter of 2020, Huawei is leading the pack, with about a fifth of global shipments. Samsung is the second largest vendor of smartphones worldwide. Overall Samsung held an 18.9 percent smartphone market share in the fourth quarter of 2019. The company’s influence in the smartphone industry peaked in the third quarter of 2013 when it was responsible for 32.5 percent of all smartphone shipments, shipping a total of 85 million units.
