Samsung has dominated the smartphone market over the last few years and the arrival of the 5G has not changed this paradigm. According to IHS Markit, South Korea already owns 74% of the global 5G market.
This translates into 3.2 million 5G-compatible smartphones sold between July and September this year. For comparison, the market as a whole sold 4.3 million copies.
Galaxy Note + 10 5G leads the 5G market
Not surprisingly, IHS Markit reports that the Samsung Galaxy Note 10+ 5G was the biggest seller in the third quarter of this year. South Korea's flagship is already in the hands of 1.6 million users.
The Samsung Galaxy S10 5G, Galaxy A90 and Galaxy Fold also contributed to Samsung leading this niche market. Of course these models did not sell as much as the aforementioned model, especially the Galaxy Fold.
LG is already benefiting from the arrival of 5G
A curious thing to draw from this report is LG's 5G performance. According to advanced data, the South Korean sold 700,000 units between April and September this year.
Although this figure may not seem very significant, it is when we compare it with Chinese brands that it assumes another importance. Brands such as Xiaomi, Huawei, Lenovo, Vivo, OPPO and ZTE jointly sold the same as LG during this period.
When LG said its hopes were in the arrival of 5G, it seems to be right. The initial numbers are particularly bright for the company, and it remains to be seen if it will be enough to catapult her into the spotlight.
5G will grow significantly by 2020
IHS Markit forecasts that next year the market could sell a total of 253 million units. This will be a considerable leap from the 350 million forecast for 2019.
It is not certain whether Samsung will be able to stay in this position next year. Brands are increasingly betting on this niche market, so there will be many more options to choose from.
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