China Overtakes U.S. As World’s Largest Smartphone Market
More notable was China’s impressive quarter-over-quarter growth in this area of 57.5%, compared to the U.S.’s -7.4% growth. Another interesting item to note from the research was that in the U.S., HTC and Apple accounted for 24% and 20.6%, respectively, of the smartphone market. However, in China, the two largest companies in terms of market share are Nokia (28.5%) and Samsung (17.6%). ZTE, a Chinese manufacturer, also appears to be on the rise in that country.
Maybe all that “we’re focusing on developing markets” stuff some manufacturers keep proclaiming is a smart move. When we're talking about growth potential, note well that although China and the U.S. posted similar numbers (between 23 and 24 million units), the population of the U.S. is just over 300 million, while China's is over 1.3 billion.