Monday, December 4, 2023

Vivo Ranked among Top 5 Global Smartphone Brands by IDC in 2020

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.

Image Credit: Vivo

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.

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