Samsung Statistics, Revenue and Users
Lee Byung-chul in Seoul, South Korea founded Samsung. It was established as a trading company originally serving groceries, noodles, and other goods. Companies expansion strategy was diversification in industries while becoming one of the world’s largest and most influential companies. Samsung now operates in electronics as the main industry while dealing with consumer electronics, semiconductors, and telecommunications equipment like smartphones (Galaxy series), TVs, and home appliances. In heavy industries, Samsung specializes in shipbuilding and engineering. Samsung C&T has specialisation in consumer electronics, semiconductors, and telecommunications equipment. The research and development of Samsung has seen heavy funding for projects, particularly in semiconductors, artificial intelligence, and 5G technologies. The operations of Samsung are in over 80 countries and employ more than 300,000 people worldwide. Over some time Samsung has become an essential commodity of life every house may have at least one Samsung product.
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Revenue from Operations of Samsung
Revenue reported by Samsung in 2020 was $200.61 billion. In 2021 revenue increased to $216.56 billion(+7.95%) followed by an increase in revenue in 2022 was $234.08 billion (+8.10%). The demand for Samsung products saw a decline in 2023 to $194.23 billion (-17.02%). In 2024 trailing twelve months (TTM) saw a rebound of $219.93 billion (+13.24%), reflecting recovery. Samsung’s ability to navigate global economic challenges and market fluctuations shows its consistency in Samsung’s resilience and adaptability. The company’s annual revenue from 2020 to 2024 is summarised below;
| Fiscal Year | Revenue (USD Billion) | Year-over-Year Growth |
| 2020 | 200.61 | — |
| 2021 | 216.56 | +7.95% |
| 2022 | 234.08 | +8.10% |
| 2023 | 194.23 | -17.02% |
| 2024 (TTM) | 219.93 | +13.24% |
Number of Samsung Electronics Users
Samsung’s diverse product portfolio from 2020 to 2024 has seen a significant global user base across. Market saturation has shown fluctuation in market share from 2020 to 2024. Wearable devices market share showed a growing need of the public while reflecting that the market is considering new approaches instead of traditional devices. So the company must explore new technology. Key metrics have been discussed below as per categories.
1. Number of Samsung Smartphones Users
Samsung’s smartphone user base in 2020 was about 1 billion. Steady growth was observed in 2023 with 1.05 billion users. 2024 saw a modest decline to 1.033 billion users possibly because of tight competition. Metrics of the smartphones from 2020 to 2024 have been summarised below:
| Year | Estimated Users (Millions) | Year-over-Year Change |
| 2020 | 1,000 | — |
| 2021 | 1,020 | +2% |
| 2022 | 1,033 | +1.3% |
| 2023 | 1,050 | +1.6% |
| 2024 | 1,033 | -1.6% |
2. Number of Samsung Tablet Users
There was a shrink observed in Samsung’s tablet shipments from 31 million units in 2020 to 28.5 million in 2024. This is reflected in the market share from 19.8% to 18.5%. Samsung is thus seeing tough competition in the tablet market. Key metrics for tablet market share are summarised below for the period from 2020 to 2024.
| Year | Estimated Shipments (Millions) | Market Share |
| 2020 | 31.0 | 19.8% |
| 2021 | 30.9 | 19.6% |
| 2022 | 30.5 | 19.4% |
| 2023 | 29.8 | 19.0% |
| 2024 | 28.5 | 18.5% |
3. Number of Samsung Wearable Devices Users
Steep growth was observed in the wearable device market from 11 million units in 2020 to 15 million in 2024. Thus, Samsung has solidified its presence by reporting a market share increase from 9.0% to 11.5%.
| Year | Estimated Shipments (Millions) | Market Share |
| 2020 | 11.0 | 9.0% |
| 2021 | 12.5 | 10.0% |
| 2022 | 13.0 | 10.5% |
| 2023 | 14.0 | 11.0% |
| 2024 | 15.0 | 11.5% |
Samsung financial statistics
Samsung announced in 2020 that its revenue is KRW 236.81 trillion while its operating profit is KRW 35.99 trillion and its net income of KRW 26.41 trillion. In 2021 revenue reported by Samsung was KRW 279.60 trillion (18.1% ) with an operating profit of KRW 51.63 trillion and a net income of KRW 39.91 trillion. Revenue reported in 2022 saw a rise of 8.1% to KRW 302.23 trillion, having an operating profit of KRW 43.38 trillion and a net income of KRW 55.65 trillion. A gradual decline in revenue was observed in 2023 to KRW 260.71 trillion (-13.7%), resulting in operating profit and net income returning to 2020 levels. 2024 saw a rebound in revenue with KRW 280.00 trillion (+7.4%), operating profit of KRW 40.00 trillion, and net income of KRW 42.00 trillion. This indicates Samsung’s ability to counter fluctuations while achieving financial stability. Key metrics for 2020 to 2024 have been discussed below:
| Fiscal Year | Revenue (KRW Trillion) | Operating Profit (KRW Trillion) | Net Income (KRW Trillion) | Year-over-Year Revenue Growth |
| 2020 | 236.81 | 35.99 | 26.41 | — |
| 2021 | 279.60 | 51.63 | 39.91 | +18.1% |
| 2022 | 302.23 | 43.38 | 55.65 | +8.1% |
| 2023 | 260.71 | 35.99 | 39.91 | -13.7% |
| 2024 (Est.) | 280.00 | 40.00 | 42.00 | +7.4% |
Samsung Office Locations
Samsung has a widespread online and offline presence across the globe. It has operated almost 168 offices from 2020 to 2024. It is headquartered in Suwon, South Korea. Geographical locations are around major cities like Austin, Berkeley Heights, Cambridge, Doral, Houston, Irvine, and Logan in the United States along with several locations in Europe, Asia, and other regions. Samsung’s customer satisfaction motto is thus reflected in its after-sales service. Samsung Semiconductor Europe headquarters is now located in Munich’s Bavaria Towers.
| Year | Number of Office Locations | Key Locations |
| 2020 | 168 | Suwon (HQ), Austin, Berkeley Heights, Cambridge, Doral, Houston, Irvine, Logan, and others across 74 countries. |
| 2021 | 168 | Continued presence in major cities globally, including expansions in Europe and Asia. |
| 2022 | 168 | Sustained global footprint with strategic offices in technology hubs worldwide. |
| 2023 | 168 | Maintained an extensive network of offices to support operations and customer engagement. |
| 2024 | 168 | Continued global presence with offices in key markets to drive innovation and business growth. |
Samsung Market Share
Samsung Electronics has maintained a significant presence in both the global smartphone and semiconductor markets from 2020 to 2024. Below is an overview of its market share in these sectors during this period:
1. Samsung Smartphone Market Share
Samsung held a 21.0% share of the global smartphone market in 2020. In 2024 Samsung holds 18.3% market share. Market share decline is due to market saturation at its best.
| Year | Market Share |
| 2020 | 21.0% |
| 2021 | 20.0% |
| 2022 | 20.0% |
| 2023 | 19.0% |
| 2024 | 18.3% |
2. Samsung Semiconductor Market Share
In 2020, Samsung’s semiconductor market share was 12.0%. In 2022, the market share fell to 11.7%. In 2023, the share increased by 12.4%. In 2024, it saw stability of 12.0%. Potential fluctuations in the semiconductor industry and Samsung’s efforts to attain stability are examples of brand importance in the electronics industry.
| Year | Market Share |
| 2020 | 12.0% |
| 2021 | 12.3% |
| 2022 | 11.7% |
| 2023 | 12.4% |
| 2024 | 12.0% |
