Friday, June 12, 2026
25.4 C
Lagos

Nigeria: Smartphone Market Grew 2% Units, Declined 6.4% in Shipment

 

 

 

 

Nigeria’s smartphone market grew 2.0% in unit terms quarter on quarter (QoQ) in Q2 2021, according to the latest figures from global technology and consulting services firm International Data Corporation (IDC).

However, the firm’s Quarterly Global Mobile Phone Tracker also shows that feature phone shipments into the country declined 6.4% over the same period. Feature phones accounted for 51.8% of the market’s overall shipments in Q2 2021, with smartphones responsible for the remaining 48.2% share.
The smartphone market’s growth in Q2 2021 was spurred by vendors launching various new models, increasing their investments in marketing activities, and shifting their product portfolios towards entry-level and mid-range devices.

Transsion’s Tecno, Itel, and Infinix brands dominated the country’s smartphone market in Q2 2021 with 76.9% unit share. Samsung placed second with 10.0% share, while Nokia and Xiaomi followed with respective shares of 3.7% and 2.9%.
With many consumers continuing to prefer physical stalls, smartphones sales through offline retail channels grew 1.7% QoQ in Q1 2021. However, smartphone sales through online channels grew 7.8% over the same period as e-tailers in the country improved their delivery capabilities, facilitated secure payments, and capitalized on improved consumer confidence.
Feature phones continue to be the preferred secondary device in the Nigerian market, mainly due to slow infrastructure development and the country experiencing constant power outages.

The major players in the feature phone space in Q2 2021 were Tecno with 45.8% unit share, Itel (35.1%), and Nokia (12.7%). Feature phone shipments declined as the devices now face stiff competition from ultra-low-end smartphones in the <$100 price segment, whose affordability makes them more attractive to consumers.

The transition from feature phones to smartphones is also accelerating as a result of more consumers demanding access to the Internet.

Figure 1: Nigeria Smartphone Market by Price Band Share (Units)

 

 

“With reduced consumer purchasing power due to the repercussions of the COVID-19 pandemic, the entry-level <$200 segment of the smartphone market continued to lead the way in Q2 2021 with 86.7%unit share,” says George Mbuthia, a research analyst with IDC. “The affordability of these models, together with improvements in core features such as larger storage, better battery life, and bigger screen sizes, led to an increase in sales during the quarter. Transsion and Samsung were particularly successful in capturing greater market share by launching new models into this rewarding market segment.”
IDC expects Nigeria’s overall mobile phone market to decline 7.0% QoQ in Q3 2021, with feature phone shipments declining 6.0% and smartphone shipments declining 8.0%. This is due to the existence of large inventories following high levels of shipments during the first half of the year and the fact that borders remain closed, thereby hindering cross-border trade.

“The global chip shortage will also affect the market, although there is still uncertainty over the scale of its impact,” says Dr. Ramazan Yavuz, a senior research manager at IDC. “Despite the anticipated negative impact of the chip shortage, the Nigerian market will rebound somewhat in Q4 2021, with demand spurred by Black Friday and the festive period in November and December.”

 

 

 

spot_img
spot_img
spot_img
spot_img

Hot this week

Sim Tshabalala Leads Standard Bank Delegation on Courtesy Visit to South African High Commissioner to Nigeria

Sim Tshabalala, Chief Executive Officer of Standard Bank Group,...

Africa’s Largest Bank, Standard Group, Backs Dangote Refinery IPO

Africa’s largest financial institution, Standard Bank Group, the parent...

CBN Chief, Yemi Cardoso, Formally Receives Central Bank of the Year Award

Governor of the Central Bank of Nigeria (CBN), Mr....

Heirs Insurance: 3m Policyholders in 5 Years of Industry Transformation

Heirs Insurance Group says it has recorded over three...

Universal Insurance CEO, Jeff Duru, Chairs SUPERNEWS Confab 2026, as Idu Okeahialam Delivers Keynote Paper

SUPERNEWS Nigeria has announced the Managing Director/Chief Executive Officer of...

Topics

HALL OF FAME: DS Innovation Hub Honours Ibru, Shittu, Ndukwe, Ovia

Empowered by Senator Ifeanyi Okowa, Governor of Delta State,...

MainOne: Delivering Digital Transformation in West Africa

L-R: Asteroid CEO, Remco van Mook and Product Manager,...

Addressing Financial and Non-Financial Signals of Business Decline

  By Kazeem Olayemi Odeyeyiwa, FCA Every corporate organisation cherishes impressive...

Ntel to Launch LTE Services April 8

Nigeria's Ntel, which recently bought the assets of struggling...

NDIC Budget Sensitisation, Strategic Session in Abuja

L – R Front: Adeola Oluwabiyi, Director, Internal Audit,...

NAICOM Leadership Pays Condolence Visit to the Family of Late Rotimi Edu

L-R: Mr. Ola Gam-Ikon, Deputy Commissioner, Finance and Administration,...

NCC’s Oshadami Receives the Prestigious CIO Awards

Abraham Oshadami Deputy Director, Head, Spectrum Database Management, NCC The status...
spot_img

Related Articles

Popular Categories

spot_imgspot_img