The global shipments of Smartphones continue to grow at an impressive rate. As per the reports of Canalys, the smartphone shipments worldwide have touched 55 million for the first quarter in the year 2010. That means the sector has seen a growth of almost 67% as compared to the preceding year's shipments.

The leading phone manufacturer Nokia has topped the list of shipments. It has the largest market share in the US market with around 38.8%. At the same time its performance in Europe is equally remarkable. For the first quarter in 2010, it has shipped 21,429,680 units of smartphones that is around a growth of 56.6% against the preceding year.

RIM has taken the second spot with 19.2% of market share. It has improved its performance in US market and has shipped 10, 589,260 units at the same period of time i. e. 45% growth YoY.

Apple has managed to post a growth of 130.8% YoY with shipments of 8.72 million units of Smartphones. It has 15.9% of the market share. HTC and Motorola took the 4th and 5th spot with a market share of 5.1% and 4.7% respectively.