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Worldwide Smartphone Shipments Grow 23.1% Year over Year in 2nd Quarter of 2014

The worldwide smartphone market grew 23.1% year over year in the second quarter of 2014 (2Q14), establishing a new single quarter record of 295.3 million shipments, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. Following a very strong first quarter, the market grew 2.6% sequentially, fueled by ongoing demand for mobile computing and an abundance of low-cost smartphones. Second quarter shipments were in line with IDC's forecast and all expectations are that the market will continue apace in the second half of the year and surpassing 300 million units for the first time ever in a single quarter in 3Q14.

Vendor2Q14 Shipment Volume2Q14 Market Share2Q13 Shipment Volume2Q13 Market Share2Q14/2Q13 Growth
1. Samsung74.3 25.2% 77.3 32.3% -3.9%
2. Apple 35.1 11.9% 31.2 13.0% 12.4%
3. Huawei 20.3 6.9% 10.4 4.3% 95.1%
4. Lenovo 15.8 5.4% 11.4 4.7% 38.7%
5. LG 14.5 4.9% 12.1 5.0% 19.8%
Others 135.3 45.8% 97.5 40.6% 38.7%
Source: IDC Worldwide Quarterly Mobile Phone Tracker, July 28, 2014

By CircleID Reporter – CircleID's internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us. Visit Page

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