Counterpoint: Average selling price of smartphones rises 10% globally in Q2 2020

A brand new report from Counterpoint Analysis offers us perception on the common promoting value (ASP) of smartphones in every main market. The key markets: North America, Latin America, Europe, Center East and Africa, Asia-Pacific, and China are listed within the visible graphic beneath. As per the report, the ASP of every market has elevated in each market apart from Latin America.

The best enhance in ASP is famous in China, the place the common smartphone sale value is now $310. In the meantime, North America noticed a 7% enhance of ASP YoY (Yr-over-year in comparison with the identical quarter final 12 months) at $471. The North American smartphone market has the best ASP of every other. In the meantime, the report displays a 5% decline YoY within the ASP at $166.

The rise in value is attributed to the truth that though international smartphone gross sales are slipping worldwide, premium priced smartphones are nonetheless promoting properly, seeing solely an 8% decline YoY. This, in comparison with the general international smartphone market seeing a 23% decline YoY. Premium smartphones didn’t decline as a lot because the dependency for leisure, productiveness, and communication skyrocketed through the lockdown. Apple iPhones remained in sturdy demand because the dependency on smartphones elevated through the lockdown.

The introduction of 5G smartphones additionally attributed to the resilience of the premium section. Throughout Q2, 10% of worldwide smartphone shipments have been 5G-equipped gadgets which contributed 20% of general income. 72% of smartphone shipments in China attributed 72% of all income for the quarter as seen by a significant push from Huawei. Whereas different international locations have been struggling impacts from COVID-19, China was already recovering which resulted available in the market contributing 34% of worldwide smartphone income within the quarter, the best of any quarter since 2016.

Counterpoint: Average selling price of smartphones 10% globally in Q2 2020

Apple accounted for almost all of smartphone gross sales in Q2 with 34% market income. In the meantime, Huawei got here in second with 20% of income and Samsung proper after with 17% of worldwide smartphone income for a similar quarter. Vivo and Oppo each accounted for 7% and 6% of income, respectively.

That is the primary time Huawei (together with Honor) surpassed Samsung in each shipments and income. That is regardless of the extreme impacts that the US ban has had on Huawei in markets exterior of China.


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