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Telecommunications equipment industry

Nokia's Market Share Rises in Q1 2005, Says Gartner

Strategic Insights

— 1 min read

Nokia, the Finnish telecomms solutions provider, has seen its market share increase to 30.4% in the first quarter of 2005, according to market research company Gartner. This growth is attributed to the company shipping 54.9 million mobile phones, a 10.6 million unit increase from the same period last year. The global handset sales in the January-March period saw a 17% year-on-year rise, totaling 180.6 million units, with Gartner forecasting a full-year sales of 750 million units, a 13% increase from 2004.

Key Takeaways:

  • Nokia's market share increased by 1.6 percentage points to 30.4% in Q1 2005, compared to Q1 2004, according to Gartner.
  • Motorola's market share rose by 0.5 percentage points to 16.8% in Q1 2005.
  • Samsung's market share increased by 0.7 percentage points to 13.3% in Q1 2005.
  • Siemens' market share decreased by 2.5 percentage points to 5.5% in Q1 2005.
  • LG's market share rose by 0.9 percentage points to 6.2% in Q1 2005.
  • Sony Ericsson's market share decreased to 5.5% in Q1 2005.
  • Nokia shipped 54.9 million mobile phones in Q1 2005, a 10.6 million unit increase from the same period last year.
  • Global handset sales in Q1 2005 rose by 17% year-on-year to 180.6 million units.
  • Gartner forecasts a full-year sales of 750 million units, a 13% increase from 2004.

Statistics:

  • 30.4%: Nokia's market share in Q1 2005 (Gartner)
  • 54.9 million: Mobile phones shipped by Nokia in Q1 2005 (Gartner)
  • 180.6 million: Global handset sales in Q1 2005 (STT)
  • 750 million: Forecasted full-year sales by Gartner for 2005 (Gartner)
  • 13%: Increase in full-year sales forecast by Gartner from 2004 (Gartner)

Sources:

  • Gartner (quoted in the Nordic Business Report)
  • STT (quoted in the Nordic Business Report)
  • Kauppalehti (quoted in the Nordic Business Report)
  • Nordic Business Report (25 May 2005)

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