Vivo has topped the smartphone market in China in Q3 2021. The Chinese smartphone brand became the leading smartphone brand in China owing to the 23% of market share. Meanwhile, Vivo also became the fourth leading smartphone brand in terms of global smartphone shipments. Vivo also owes its improved stakes to the year-over-year growth of 21 percent, Counterpoint reports.
Leading smartphone brand Vivo has become the biggest smartphone brand in China, it’s home country in terms of shipment. Vivo earned the top rank after its product portfolios continued to complement its mainstream price segment.
Vivo 4th Largest Smartphone Brand | Q3 2021
Vivo’s profile has also grown in its global position. The reigning brand in China also rose to the 4th position in the global smartphone ranking in terms of smartphone shipment. Currently, Vivo occupies a 10% market share in the world in Q3 2021, as per Canalys. The research firm has shown Vivo remaining in the top five in global smartphone shipments in the past 4 quarters.
Vivo has also topped China’s smartphone market in Q2 2021, according to IDC Worldwide Quarterly Mobile Phone Tracker. The company has lately maintained a strong growth momentum and this reflects in its quarterly reports.
Vivo’s rise is attributable to its identification with the local market, culture, and management. Going global, it has branched out its sales network across more than 50 countries and regions. It currently has over 400 million users of Vivo devices.
Vivo In Nepal
Vivo has a 6.7% market share in Nepal and remains a popular choice for mid-range to affordable flagship phones. Samsung, Xiaomi, and OPPO stand above Vivo in the first, second, and third rank with 33.4, 24.99, 9.44% market share respectively.
Smartphone market share in Nepal | Statcounter October
In Nepal, Vivo has launched the Y and V series of smartphones in low-end to higher-end segments. The brand also offers 0% EMI on phones costing Rs.15000 and above. Cellucity and Apex Manakamana are the two authorized distributers of Vivo smartphones in Nepal.