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Best Selling Phone in The World

Best Selling Phone in The World

It’s not always simple to determine best selling phone in the world for two reasons. First off, these are some really pricey phones, but depending on where you reside, one may still be more costly than the other. Secondly, the most popular phone can occasionally be duped by its own name or a marketing campaign that portrays it as having millions of fans.

The Top 10 Selling Smartphones of 2023 Are All From Just 2 Companies

According to a recent report, no smartphone maker, except for Apple and Samsung, made it into the top 10 selling smartphones globally in the first half of 2023. Additionally, despite the fact that the market for smartphones is contracting overall, the best-selling model is among the priciest phones available. The top 10 phones in the first half of 2023 are:

  1. Apple iPhone 14 Pro Max: 26.5 million
  2. Apple iPhone Pro: 21 million
  3. Apple iPhone 14: 16.5 million
  4. Apple iPhone 13: 15.5 million
  5. Samsung Galaxy A14: 12.4 million
  6. Samsung Galaxy S23 Ultra: 9.6 million
  7. Samsung Galaxy A14 5G: 9 million
  8. Samsung Galaxy A54 5G: 8.8 million
  9. Samsung Galaxy A34 5G: 7.1 million
  10. Apple iPhone 11: 6.9 million

“The global smartphone market is recording negative growth as the mid- to low-end market shrinks due to economic recession and the expansion of the used smartphone market,” says Omdia, the research firm that released the report. “On the other hand, the premium smartphone market is steadily increasing because replacement demand for Apple’s premium models remains solid.”

The top two models are Apple’s most expensive models. The iPhone 14 Pro Max tops out around $1,600, while the 14 Pro can cost $1,500. The Samsung Galaxy A14, by contrast, can be under $200, and the A14 5G is around $300.

One major change from last year: there are no Chinese smartphone manufacturers in the top 10. A major concern for Samsung last year was the growing dominance of Chinese brands, but the Korean company has successfully fought back that trend up to this point, at least.

A key reason why is that people want better phones with more features.

“Shipments of Chinese smartphone set makers have continued a double-digit decline since 2022 due to the slump in the mid- to low-end smartphone market,” Omdia says.

Apple will be releasing its new iPhone 15 models at an event in September, and Omdia expects that they will sell in similar volumes to Apple’s current top-of-the-line models. The iPhone 15 Pro Max, the biggest and most expensive model, is expected to cost about $100 more than the current iPhone 14 Pro Max, thanks to a new camera with more optical zoom capability.

Samsung’s most expensive model, the dual-screen Samsung Galaxy Z Fold4, which costs more than any Apple iPhone at about $2,000, did not make the list of most shipped smartphones.

The cellphone industry has witnessed rapid growth over the past few years, with an increasing number of players entering the market and introducing innovative features. With cell phones becoming an indispensable part of our lives, it is no surprise that the industry is projected to continue its growth trajectory.

According to a report by Market Research Future, the global smartphone market is expected to grow at a CAGR of 6.80% from 2022 to 2030, driven by factors such as the increasing demand for high-speed internet connectivity, rising disposable incomes, and the growing trend of BYOD (Bring Your Own Device) in workplaces. The mobile phone industry is dominated by a few key players, including Apple Inc. (NASDAQ:AAPL), Samsung, Nokia Oyj (NYSE:NOK), Huawei, Xiaomi, and Oppo.

These companies are known for their cutting-edge technology, sleek designs, and innovative features. Apple Inc. (NASDAQ:AAPL), with its iPhone series, has been a market leader for several years, followed closely by Samsung, which offers a wide range of smartphones catering to different price points.

Industry Outlook   

The market outlook for the mobile phone industry remains positive, with a steady demand for smartphones worldwide. As noted by Statista, global smartphone shipments are projected to grow to 1.4 billion units in 2022, up from 1.36 billion in 2021. The demand for 5G smartphones is expected to increase, with 5G smartphone shipments expected to reach 1.15 billion units in 2023, up from 610 million units in 2021, as per Counterpoint Research.

Apple Inc. (NASDAQ:AAPL) and Samsung continue to dominate the global smartphone market, with a combined market share of over 50% in the fourth quarter of 2021, according to IDC. The competition between these two players is expected to intensify in the coming years with the introduction of new features and technologies.

Moreover, the affordability of cellphones is also a major driver of growth, especially in emerging markets. Xiaomi, Realme, and Oppo have become popular brands in these markets with their budget-friendly smartphones. According to Counterpoint Research, Xiaomi was the third-largest smartphone brand globally in Q3 2021, with a market share of 13%.

In terms of operating systems, Android, by Alphabet Inc. (NASDAQ:GOOG), is the biggest player in the market, with its software running on more than 3 billion devices across the world. Alphabet Inc. (NASDAQ:GOOG) is also represented in the smartphone market through its Pixel line of phones. According to Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai, the Pixel 6a, 7, and 7 Pro are the best-selling Google phones. Overall, the demand for smartphones is expected to continue growing, with manufacturers focusing on introducing new and innovative features to keep up with the competition.

Trends  

The mobile phone industry is characterised by rapidly evolving trends, driven by consumer demand and technological advancements. Some of the key trends that are currently shaping the industry include the following:

  1. 5G Connectivity: With the rollout of 5G networks, smartphones that support 5G connectivity are becoming increasingly popular.
  2. Foldable Displays: Several smartphone manufacturers are experimenting with foldable displays, offering users a unique and immersive experience.
  3. AI-based Features: Artificial intelligence (AI) is being increasingly integrated into smartphones, allowing for features such as voice recognition, facial recognition, and augmented reality.

Phases of the Mobile Phone Industry  

The mobile phone industry has gone through several phases, each marked by significant technological advancements and market trends. These phases can be broadly categorised into four stages:

  1. The First Generation (1G): The first commercial cellular network was launched in Japan in 1979, marking the beginning of the 1G era. This phase saw the emergence of the first cellular networks, allowing for mobile communication.
  2. The Second Generation (2G): The first 2G cellular network was introduced in 1991 by Radiolinja in Finland. This phase saw the introduction of digital networks, leading to improved call quality and reduced costs.
  3. The Third Generation (3G): The first 3G network was launched in Japan, offering data speeds up to 2 Mbps.
  4. The Fourth Generation (4G): The global adoption of 4G networks began in 2009 with the launch of the first commercial 4G network in Stockholm, Sweden, and Oslo, Norway. This phase saw the introduction of high-speed data services, leading to the development of advanced mobile applications and services.

As of 2021, 5G networks are being rolled out in many countries worldwide, offering even faster data speeds and improved connectivity. The mobile phone industry has experienced explosive growth over the years, with an estimated 6.8 billion mobile network subscriptions worldwide as of 2023.

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