Ever wonder what LTE smartphone adoption rates are like, now that the technology has been around for a quite a while? LTE adoption appears to be going up slowly but surely, and recently conducted market research actually has the numbers to back this claim.
So who exactly is currently winning the LTE market race anyway? All LTE smartphones are created equal, but some are more equal than others. In any case, recent market research has determined that the overall winner during the last three months was none other than… Samsung. Apple, came in second, and a bunch of other brands were found splitting what’s left of the market at the bottom.
A more detailed breakdown is available thanks in a report from research firm Strategy Analytics. Brace yourself because in the next few paragraphs, we’re going to use… math.
According to the data gathered by Strategy Analytics, Samsung took the biggest chunk of the LTE smartphone market, with its LTE-enabled devices accounting for 40% of total unit sales. This number is actually lower than its record last quarter, which reached 50.9% at its peak. But it’s still a good deal greater than the share of other phone makers like LG, Motorola, and Apple.
Apple managed to corner 26.7% of the market–up from zero–while LG and Motorola held 9.1% and 6.7%, respectively. Both LG and Motorola experienced a decline from the previous quarter’s numbers. There’s also Pantech, which saw a slight increase in its market share from 5.7% to 5.8% in the most recent quarter.
Statistics show that the number of LTE-enabled devices worldwide amounted to a total of 22.5 million in Q3 2012. This number is expected to rise up to about 50 million end of the year.