2008 – a challenging year for mobile handset manufacturers
ABI Research released some interesting numbers regarding the mobile handset industry for 2008. As you might have guessed by now, this past year was certainly a challenging year for all handset vendors. Yet despite the overall gloomy economic climate there were certainly winners and losers for the industry as a whole.
From a high level, roughly 1.21 billion handsets were shipped in 2008 – translating to an annual growth of 5.4% (but lower than the 15% growth in 2007). Sounds good right? Well.. the majority of this growth occurred during the first three quarters of 2008 (14% for the first half and 8% in Q3). Things took a serious downturn during the fourth quarter as the industry slipped a whopping 14%.
That’s the market level – but how about the company breakdowns? As we said earlier, there were winners.. and there were losers. We’ll start with the winners. Samsung grew by 2.7% to 16.2 percent of the industry. Nokia grew by 1.8% to 38.6 % of the industry and LG grew by 1.5% to 8.3% percent of the industry. Of course, RIM and Apple also fairly positive growths for 2008 with RIM improving 0.9% and Apple improving 0.8%.
What comes up must go down right? RIGHT! The biggest loser this year was (drum roll please…) Motorola – down 5.1% in 2008 to an overall market share of 8.3%. Ironically, this is an improvement over 2007 when the company dropped 7.8%.
Motorola certainly wasn’t alone as Sony Ericsson also saw a drop in market share (down 0.7%) to 8% overall.
To summarize, here’s the overall market share map provided by ABI Research.
- Nokia – 38.6%
- Samsung – 16.2%
- LG – 8.3%
- Sony Ericsson – 8%
- Motorola – 8.3%
- RIM – 1.9%
- Kyocera – 1.4%
- Apple – 1.1%
- HTC – 1.1%
- Sharp – 1.0%
- Other – 13.1%
One final conclusion to draw upon all of this data – the smartphone market is definitely growing and will eventually prove to be the dominant force in the overall mobile handset market.
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