According to the latest figures released by IDC, the top three handset makers of 2011 are Nokia, Samsung, and Apple. The giants from Korea and Finalnd are taking up most of the market with 22.8% and 26.6% of global market, respectively. The iPhone maker takes the third place with a small 8.7% of market. LG and ZTE came in fourth, which is very bad news for LG as it lost nearly 42.2 percent of its market share in the last twelve months. Given the decreasing popularity of feature phones, Nokia was also affected with an 8.2% decrease in the handset market share.
“On a full-year basis, the worldwide mobile phone market maintained its upward trajectory by growing 11.1% in 2011, which was down from the 18.7% year-over-year growth experienced in 2010. While part of the slowing growth can be attributed to softening demand for feature phones, IDC expects continued double-digit growth in the years ahead as smartphones continue to capture a greater share of the overall market.” – IDC