vivo Ranked among Top 5 Global Smartphone Brands in 2020, according to IDC

According to the latest annual data from IDC[1], vivo, a leading global smartphone brand, ranked fifth in the global smartphone market in 2020 with a market share of 8.6 percent and shipments exceeding 110 million devices. With a year-over-year growth rate of over 1 percent, vivo was one of the top five smartphone brands to maintain an increase in shipments despite the overall downturn.

vivo currently holds the second position in the Chinese smartphone market[2] and the third in India[3], while leading the market in Indonesia[4]. With headquarters in China, supported by a network of 9 R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Taipei, Tokyo and San Diego, vivo is focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, photography and other up-and-coming technologies.

IDC data shows that the global mobile phone market fell 5.9% year-on-year in 2020 the progress toward market recovery has been impressive and IDC believes the momentum heading into 2021 will remain strong.

[1][i] Data source: IDC, January 2021, [2][ii] Data source: IDC, November 2020, [3][iii] Data source: Canalys, October 2020, [4][iv]Data source: Counterpoint, August 2020 

Hits: 4

error: Content is protected !!