While it’s definitely a little early for market intelligence firms like Canalys, Gartner, Counterpoint Research, or IDC to release their detailed Q4 2020 and full-year smartphone sales reports, Digitimes Research is already out with a few key numbers and stats.
Following three very tough quarters, the overall smartphone industry recovered… a little during the final three months of 2020, registering a “single-digit” year-on-year hike in global shipments. That came on the heels of a massive 20 percent hit in Q1, as well as another “double-digit” decline between April and June, followed by a smaller Q3 dip.
It remains to be seen if the market will be able to carry the positive trend of the recently concluded holiday season into the January – March 2021 timeframe, although considering how bad those Q1 2020 numbers looked, it definitely seems like there’s no way to go but up now.