Xiaomi, Samsung contribute close to half of Indian smartphone market
New Delhi: Samsung and Xiaomi collectively contributed to virtually half of the Indian smartphone market, in response to analysis agency Counterpoint.
Karn Chauhan, Analysis Analyst at Counterpoint Analysis mentioned, “Samsung and Xiaomi collectively contributed to virtually 45 % of the Indian smartphone market.”
“That is the primary time since 2012, that the highest two manufacturers have reached this stage of mixed share, signaling that key manufacturers are ramping up their presence in India,” he added.
The report added that pushed by sturdy sale of each characteristic telephones and smartphones, India’s handset shipments reached an all-time excessive of over 84 million for the primary time ever.
“By way of efficiency through the quarter, Smartphone shipments in India grew by 18% YoY whereas featurephone shipments declined by four% YoY.”
The rise in sale was pushed by on-line channels reminiscent of Flipkart’s Huge Billion sale and Amazon’s Nice Indian competition in September, it mentioned.
“Offline gamers additionally contributed to a few of the cargo development filling the channel forward of Diwali,” the report mentioned.