The chart illustrates the percentages of market share in mobile phone sales for three prominent companies: Nokia, Sony Ericsson, and Motorola.
Overall, it is evident that Sony Ericsson maintained the lowest market share among the three, whereas the opposite trend was observed in 2004. It is apparent that there was a general increase in the market share for each company, with the exception of Nokia.
In 1995, the market shares for all three companies were relatively low, each being less than 25%. In the subsequent years, an upward trend continued for two of the companies. By 1997, Nokia’s market share had risen to nearly 26%, while Sony Ericsson’s increased to approximately 15%. Conversely, Motorola experienced a slight decline to around 27% but remained relatively stable thereafter. Motorola started at around 35% and only saw a modest increase by the end of the observed period.
Nokia’s market share consistently rose to about 35%, whereas Sony Ericsson’s proportion declined during the same timeframe. Specifically, Sony Ericsson’s market share declined steadily, with the exception of a minor increase during the mid-period. In terms of significant changes, Sony Ericsson experienced the most pronounced decline, while Nokia reached its peak market share of approximately 30% in 2004. This represented the most dominant share in the chart.