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    Home»Tech News»vivo achieves 11.7% YoY Market Share Growth According to IDC 2023 Report
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    vivo achieves 11.7% YoY Market Share Growth According to IDC 2023 Report

    Hannah Joy TobiasBy Hannah Joy TobiasFebruary 28, 20243 Mins Read
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    vivo surely made itself shine in the Quarterly Mobile Phone Tracker report by the well-known market intelligence firm International Data Corporation (IDC) on February 21, 2024. With its remarkable (year-on-year) YoY market share growth in the Philippines of 11.7%, vivo’s nonstop efforts for innovation prove to be fruitful.

    Yearly improvements of vivo's YoY Market Share Growth

    To recall, the market share of the multinational smartphone company, vivo, rose from 10.5% in 2022 to 11.3% last 2023. This clearly indicates that vivo has been maintaining its strong position in the market for years.

    vivo continues to thrive in its mission to offer the highest photography capabilities in high-end, modern phones to the Filipinos. Its most recent products in the V and Y series demonstrate this dedication.

    The latest in vivo’s V Series released last year in September 2023 is the vivo V29 Series with a flagship device boasting a competitive 50MP OIS ultra-sensing camera that produces DSLR-level of portrait photos. This is the powerful vivo V29 5G that also comes in an aesthetic style and colors of Starry Purple and Magic Maroon.

    YoY Market Share Growth

    At the same time, the unique Aura Light 2.0 is one of the most revolutionary highlights of the vivo V29 Series. This feature offers well-lit photos with smart lighting that resembles a ring light. In real-life environments, low light levels are common and the best lighting isn’t always accessible. The vivo V29 Series solves that and produces the ideal light source in addition to using ambient light.

    On the other hand, vivo’s Y Series comes the Y36 that also features a 50MP camera but with an incredible Super Night Algorithm in July 2023. This reduces blurry, low-quality, and dark photos captured whenever you’re in a low-light or nighttime surroundings. Thanks to its Super Night Algorithm, nighttime photography will be brighter, clearer, and vibrant than before as it enhances brightness and eliminates both blur and noise for better photos.

    Not only that, because the whole Y Series, as competitive as it can be, is only offered by vivo for a budget-friendly price. The Y Series phones featuring excellent cameras which greatly helped the company’s market share increase in 2023 can be purchased for reasonable prices.

    Furthermore, vivo’s continuous expansion in the Philippines serves as proof of its dedication to innovation and to provide high-quality, reasonably priced smartphones. It keeps pushing the limits of smartphone technology, offering consumers cutting-edge features and better photographic capabilities.

    What do you think of this YoY Market Share Growth Report? Let us know in the comments below! You can also follow us in our official Facebook page for more updates!

    IDC V Series Vivo Y series
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    Hannah Joy Tobias

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