vivo Ranked among Top 5 Global Smartphone Brands in 2020, according to IDC
COLOMBO, Sri Lanka – According to the latest annual data from IDC1, 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 market2 and the third in India3, while leading the market in Indonesia4. 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
