Strategy Analytics has calculated that global smartphone shipments grew 43% year-on-year to reach 60 million units by the end of Q2 2010. Nokia is top overall with 40% of the global market; Research In Motion leads in the Americas and is in second place globally with a 19% market share. Apple is in third place. Overall, Strategy Analytics says 19% of handsets shipped in Q2 were smartphones.
Neil Mawston, Director at Strategy Analytics, said "The global smartphone industry is growing volume but the industry’s value is beginning to feel the effects of intensifying competition. Dozens of vendors from the telecoms, PC and consumer electronics industries are piling into the market and driving down prices. Even established brands such as Nokia, RIM and Apple are finding it increasingly hard to raise prices and profits in the face of such fierce competition."