Nokia maintains lead in market share as demand grows

logo_nokia_115_40_1.gifNokia still holds the biggest slice of the global mobile phone market with 40.3 percent share. Samsung is a distant second with 15.2 percent, while Motorola and LG are neck and neck with 9.3 percent and 9.2 percent share, respectively.

According to a recent report by, ABI Research, even with Apple’s iPhone in the picture, Nokia is expected to maintain its lead due to its expanded product catalog, which caters across the full spectrum of the market—from the ultra-low to the very high end.

ABI Research, a company that assists manufacturers of wireless semiconductor components in understanding and entering new markets, also noted that global mobile phone shipments are on track to reach 1.3 billion units by end-2008. The company reaffirmed its forecast of 13 percent year-on-year growth for mobile phones when Q2 2008 estimated shipments hit 301 million units.

The report says despite worries of global economic concerns slowing down shipments, mobile phone vendors continue to expand their markets. New mobile phone users are driving the markets in Asia, the Middle East, Africa and South America; while high-end and smart phones sales are fueling growth in developed markets.

By Samuel Mungadze