Samsung dominates 5G smartphone market in the US with 94% market share

Last updated: May 21st, 2020 at 06:24 UTC+01:00

Samsung is leading the global 5G smartphone market place with a 34.4 percent marketplace share, thanks to the widest lineup of 5G smartphones. Now, it has been revealed that the company is dominating the 5G smartphone market in the Us with a whopping 94 per centum market share.

According to the latest numbers for Q1 2020 from market enquiry business firm Strategy Analytics, all top three 5G smartphones sold in the US were from Samsung. The Galaxy S20+ 5G was the all-time-selling 5G smartphone in the country, with a market share of 40 percent. The Galaxy S20 Ultra 5G and the Galaxy S20 5G took second and third positions, respectively. The Galaxy S20 Ultra had a market share of 30 percent, while the Milky way S20 5G had a 24-pct share of the market.

Around 3.4 1000000 5G smartphones were sold in the US during the first quarter of this yr, and 5G phones made upwardly for 12 pct of all smartphones sold in the land. Samsung currently has a headstart in the 5G segment, and it is in a bully position when compared to rival brands LG, Motorola, OnePlus, and TCL. Still, the existent test volition be when Apple launches four new 5G iPhones afterwards this twelvemonth.

Early adopters in the U.s.a. are reportedly willing to spend extra for the fastest possible mobile feel. The Galaxy S20+ 5G is said to be popular among affluent professionals in major cities like Los Angeles and New York.

Samsung currently sells 5G versions of the Milky way S20, Galaxy S20+, Milky way S20 Ultra, Milky way S10, and the Galaxy Fold in the high-end segment. It has also announced the Galaxy A51 5G and the Galaxy A71 5G for the US market. The Southward Korean smartphone make as well plans to launch a 5G version of the Galaxy Z Flip in the second half of this year.

Juha Winter, Associate Director at Strategy Analytics, said, "Samsung and others must rapidly aggrandize their 5G presence during the upcoming summer period, and grab every bit many 5G customers as they can before the iPhone juggernaut lands in Q3 or Q4 2020."

Source: https://www.sammobile.com/news/samsung-dominates-5g-smartphone-market-usa-94-market-share/

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