Vivo Ranked according to the latest annual data from IDC, Vivo the world’s leading Smartphone brand, ranks at number five in the global Smartphone market in 2020. They have a market share of 8.6% and shipments of more than 110 million devices.
With an annual growth rate of over 1%, vivo is one of the top five Smartphone brands that saw shipments increase despite the general decline.
Vivo’s strength in position is the result of industry leading innovation to deliver a range of high-quality, low-to-mid-priced Smartphone’s in Southeast Asia.
Vivo currently ranks on second position in the Chinese Smartphone industry and India Smartphone market share is on third and a market leader in Indonesia.
Vivo is headquartered in China and supported by a network of 9 research and development centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Taipei, Tokyo and San Diego.
The company is focused on developing cutting-edge consumer technologies, including 5G, artificial intelligence, industrial design, photography and other modern technologies.
IDC data shows that the global wireless market in 2020 fell by 5.9% year over year. The progress made towards the market rebound has been impressive and IDC expects the momentum to remain strong into 2021.