Oppo Statistics, Revenue and Users
Headquartered in Dongguan, Guangdong, China Oppo is the leading global smartphone manufacturer. Oppo was founded by Tony Chen and Du Juan, in 2004. Tony Chen is the Founder and CEO of Oppo. It was founded under the umbrella of BBK Electronics, one of China’s largest electronics groups. He had a vision to cultivate advanced technology with a sleek design to amplify user experience, particularly in mobile photography and entertainment. Du Juan is the Co-founder and a key executive in Oppo’s strategic planning and international expansion. He is involved in the R&d of products from prototype to product development.
Revenue from Operations of Oppo
Oppo shipped approximately 114.2 million smartphone units globally in 2020. In 2021number gradually increased to 145.1 million units. In FY 2022 shipments saw a decline to 103.3 million units stabilizing the revenue growth. In 2024 Q3 the shipment number was 29.0 million units which predicts that alignment would be similar to the previous year. Oppo’s figures have been summarised below:
| Year | Smartphone Shipments (Million Units) |
| 2020 | 114.2 |
| 2021 | 145.1 |
| 2022 | 103.3 |
| 2023 | 103.1 |
| 2024 | 29.0 (Q3) |
Number of Oppo Users
Oppo’s global user base in 2020 estimate was 350 million. In 2021, the user base increased to 450 million, marking a 28.6% rise. In 2022, the trend spiked to 500 million users (+11.1%). Expansion of users continued to 600 million, a 20% increase. As per 2024 estimates Oppo may achieve 650 million, reflecting an 8.3% growth.
| Year | Estimated Users (Millions) | Year-over-Year Growth |
| 2020 | 350 | — |
| 2021 | 450 | +28.6% |
| 2022 | 500 | +11.1% |
| 2023 | 600 | +20% |
| 2024 | 650 | +8.3% |
Oppo financial statistics
The estimated revenue in 2020 for Oppo was $29.8 billion. In 2021, the company recorded a steep growth of $37.0 billion marking a 24.2% rise. In 2022 growth trend continued reaching $38.5 billion (+4.1%). There was a 6.0% decrease in revenue during 2023. The further decline reported was $35.0 billion resulting in a 3.3% drop. This decline reflects Oppo’s challenges in the competitive smartphone market. Financial statistics have been described below:
| Year | Estimated Revenue (USD Billion) | Year-over-Year Growth |
| 2020 | 29.8 | — |
| 2021 | 37.0 | +24.2% |
| 2022 | 38.5 | +4.1% |
| 2023 | 36.2 | -6.0% |
| 2024 | 35.0 | -3.3% |
Oppo Retail Locations
Oppo handled 200,000 retail locations globally in 2020. The expansion strategy continued its growth from 200,000 to 300000 in 2023 and 2024. This reflects the company’s expansion strategy in securing fourth rank in global smartphone shipments.
| Year | Retail Locations Worldwide |
| 2020 | 200,000+ |
| 2021 | 250,000+ |
| 2022 | 280,000+ |
| 2023 | 300,000+ |
| 2024 | 300,000+ |
Oppo Market Share
Oppo is estimated to hold a global market share of 8.3% in 2020. In 2021, it reached 11.0%. In 2022 market declined to 8.6%. A marginal increase of 8.8% was observed in 2023. Currently, in November 2024, Oppo holds a market share of 5.7%. This reflects a steep decline in market share. Key metrics of market share have been described below:
| Year | Global Market Share (%) |
| 2020 | 8.3 |
| 2021 | 11.0 |
| 2022 | 8.6 |
| 2023 | 8.8 |
| 2024 | 5.7 |
