According to Counterpoint Research’s Monthly Market Pulse Service, vivo ranked first in China’s smartphone market in the third quarter of 2021, leading China’s smartphone sales with a market share of 23 percent and a year-over-year growth rate of 21 percent. vivo earned the top spot as its product portfolios continued to support its position in the mainstream price segment.
Globally, vivo ranked fourth in global smartphone shipments for the first time with a market share of 10 percent in the third quarter of 2021, according to Canalys, maintaining strong growth momentum.
[1] Source: Counterpoint: China Smartphone Sales Drop 9% YoY in Q3 2021
[2] Source: Canalys: Global Smartphone Market Shrinks 6% Amid Component Shortages
