Samsung smartphone sales – additional information
Over 1.2 billion smartphones were sold to end users worldwide in 2016 alone. The smartphone industry is expected to continue to grow, as the number of smartphone users worldwide is forecast to exceed 2.5 billion by 2018. The global smartphone market is still dominated by two major vendors, Apple and Samsung. Together, they held almost 40 percent of the market share at the end of 2016.
More than 1.8 billion smartphones are expected to be shipped worldwide by 2019, a projected growth of more than 400 million units in comparison to the 2015 figure. Samsung leads the industry in terms of shipments. The company’s figures have been increasing at a fast pace in the recent years, allowing Samsung to distant itself from its competitors. The South Korean company went from shipping 2.4 million smartphones worldwide in the first quarter of 2010 to over 79 million units in the first quarter of 2017 alone. In 2016, Apple shipped, on average, nearly 54 million units per quarter.
Much of the Samsung’s success in the smartphone industry can be attributed to the introduction of the Galaxy smartphone line in 2009. Thanks to this product line, the company has taken the lead in global sales figures for smartphones. Galaxy S, Samsung Galaxy S8 and S8 plus are the newest Galaxy models produced by Samsung.