Xiaomi Leads India Smartphone 2020, The Counterpoint Research report said that with 26 percent market share,
Chinese handset maker Xiaomi continued to dominate the India smartphone market in the third quarter of 2019 (Q3), as smartphone shipments were the highest despite the economic slowdown on Thursday. Reached the mark.
According to the "Market Monitor" report, driven by new launches, discounts and various pre-Diwali sales channels,
India reached 49 million units in smartphone shipment records, as the economic downturn affected other regions.
Players like Realme, Vivo, itel, and OnePlus were the fastest growing smartphone brand shipping record volumes.
"India's smartphone market grew in double digits and it reached 49 million units in Q3 2019, compensating for the ongoing economic slowdown in other regions.
"Looking at the maturity of smartphone users in terms of digital content consumption, commerce and communication,
smartphones have become central to people's lives as part of their wallet," research analyst Karn Chauhan said in a statement.
Xiaomi recorded the highest-ever shipments, with a 7 percent (YoY) increase driven by the good performance of its models in the online segment.
Redmi 7A, Redmi Note 7 Pro, and Redmi Note 7S were the best performing smartphones for the brand.
Samsung shipments declined 4 percent with 20 percent market share. However, it has shown a 3 percent increase (QoQ) driven by its budget segment device Galaxy A2 Core and its upgraded A Series and M Series.
Apple entered the top 10 smartphone brands due to price cuts on the XR with good demand for its iPhone 11.
Vivo reached its highest share in India's smartphone market inspired by the good performance of its mid-segment series and increased its focus towards the online segment with its recently launched devices U10, Z1X and Z1 Pro And Realme also recorded its highest shipment. .
Realme again became the fastest growing brand, registering a six-fold increase from the previous year when it entered the Indian market.
Oppo grew 12 percent between the demand for its budget segment device A5s and the stable performance of its F11 series.
OnePlus emerged as the number one premium smartphone brand in Q3 2019, whose shipments have almost doubled compared to last year.
By the time the smartphone market registered double-digit growth, the slowdown in new shipments of Reliance Jio saw the feature phone market fall by nearly 37 percent (YoY) as it focused on pushing the old Jio inventory. Of Diwali, the report said.
Feature phone players like itel, Lava and Karbonn registered positive annual growth despite a decline in the overall segment. Itel Q3 emerged as the number two feature phone brand in 2019.
Chinese handset maker Xiaomi continued to dominate the India smartphone market in the third quarter of 2019 (Q3), as smartphone shipments were the highest despite the economic slowdown on Thursday. Reached the mark.
According to the "Market Monitor" report, driven by new launches, discounts and various pre-Diwali sales channels,
India reached 49 million units in smartphone shipment records, as the economic downturn affected other regions.
Xiaomi Leads India Smartphone
Players like Realme, Vivo, itel, and OnePlus were the fastest growing smartphone brand shipping record volumes.
"India's smartphone market grew in double digits and it reached 49 million units in Q3 2019, compensating for the ongoing economic slowdown in other regions.
"Looking at the maturity of smartphone users in terms of digital content consumption, commerce and communication,
smartphones have become central to people's lives as part of their wallet," research analyst Karn Chauhan said in a statement.
Xiaomi recorded the highest-ever shipments, with a 7 percent (YoY) increase driven by the good performance of its models in the online segment.
Redmi 7A, Redmi Note 7 Pro, and Redmi Note 7S were the best performing smartphones for the brand.
Samsung shipments declined 4 percent with 20 percent market share. However, it has shown a 3 percent increase (QoQ) driven by its budget segment device Galaxy A2 Core and its upgraded A Series and M Series.
Apple entered the top 10 smartphone brands due to price cuts on the XR with good demand for its iPhone 11.
Vivo reached its highest share in India's smartphone market inspired by the good performance of its mid-segment series and increased its focus towards the online segment with its recently launched devices U10, Z1X and Z1 Pro And Realme also recorded its highest shipment. .
Realme again became the fastest growing brand, registering a six-fold increase from the previous year when it entered the Indian market.
Oppo grew 12 percent between the demand for its budget segment device A5s and the stable performance of its F11 series.
OnePlus emerged as the number one premium smartphone brand in Q3 2019, whose shipments have almost doubled compared to last year.
By the time the smartphone market registered double-digit growth, the slowdown in new shipments of Reliance Jio saw the feature phone market fall by nearly 37 percent (YoY) as it focused on pushing the old Jio inventory. Of Diwali, the report said.
Feature phone players like itel, Lava and Karbonn registered positive annual growth despite a decline in the overall segment. Itel Q3 emerged as the number two feature phone brand in 2019.