Vivo Becomes the Ruler of the Smartphone Market in Indonesia

Lovata Andrean

Vivo Becomes the Ruler of the Smartphone Market in Indonesia
Vivo Becomes the Ruler of the Smartphone Market in Indonesia

Rancakmedia.com – According to the latest report from market research firm Canalys, Vivo became the leader of the smartphone market in Indonesia in the third quarter of 2021. According to the report, Indonesia shipped 9,3 million smartphones in the third quarter of 2021.

Vivo is a percentage of the market in the country, accounting for 23% of the smartphone market. Vivo managed around 2,1 million smartphones in the third quarter of 2021, if its calculations are correct.

Vivo surpassed the other four mobile phone suppliers in terms of market share during this period with this shipment volume. Oppo (22%) is in second place, Samsung (18%) is in third place, Xiaomi (16%) is in fourth place, and Realme is in fifth place (13 percent).

According to the Canalys report, four of the five companies studied, including Vivo, showed worsening annual performance. In the third quarter of 2021, Vivo's annual growth percentage remained "negative", or fell 15%. Vivo, on the other hand, appears to be seeing strong quarterly growth.

Vivo dominates the smartphone market in Indonesia

According to official information obtained by Rancakmedia, Tuesday (16/11/2021), Vivo smartphone shipments increased 76,9 percent year over year in the third quarter of 2021. According to Canalys, Vivo had a market share of 12% in the second quarter. in 2021.

According to Vivo Indonesia's Senior Brand Director, Edy Kusuma, the company's sizable quarterly growth was driven by Vivo's various product lines that serve different customer segments and demands. Vivo launched a number of new smartphones in the third quarter of 2021, from entry-level to flagship.

"This is a joint victory not only for Vivo as a technology brand, but also for all Vivo partners in Indonesia for their dedication and commitment during this difficult time," said Edy.

Vivo dominates the smartphone market in Indonesia and is also successful in the world market, but at a slow pace. According to Canalys, Vivo will control 10% of the smartphone market worldwide in the third quarter of 2021.

This overall market share increased by 1% year on year in 2020 (year on year/YoY). Vivo ranks fourth in the ranking of the world's major mobile phone vendors with a market share of 10%

Conclusion

Vivo is a percentage of the market in the country, accounting for 23% of the smartphone market. Vivo managed around 2,1 million smartphones in the third quarter of 2021, if its calculations are correct. Oppo is in second place, Samsung (18%) is in third place, Xiaomi (16%) is in fourth place, and Realme is in fifth place (13 percent). The Canalys report said Vivo's annual growth percentage remained "negative," or down 15%.

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks