The research analysis firm recently published a report which said that Indian smartphone shipments saw a decline of 11% in YOY growth in Q3 2022. This is the first time ever for Q3. ..
The report stated that the high % decline could be due to the held-up demand of last year during Q3 2021 and the lower consumer demand for the entry and budget smartphone segment during Q3 2022. ..
The Indian smartphone market is declining, due to economic conditions.
Itel continues to lead the feature phone segment in Q3 2022 with a 28% market share, according to market research firm IDC.
Xiaomi leads with the highest market share
In Q3 2022, Xiaomi led the Indian smartphone market with 21% market share. This was due to the new launches in the budget & mid-tier segment during that quarter.
Samsung grabbed an 18% market share in the 5G smartphone market in September, according to a study by research firm Counterpoint. The company’s M & F series of smartphones was the top selling product in that segment.
Vivo, which saw a 15% decline in shipments, still managed to secure the third position, mainly due to a revamping of its V series and the online presence of IQOO and its T series.
Fourth and Fifth positions went to Realme and Oppo, respectively, with Realme getting 14%market share in Q3 2022 and Oppo remaining at fifth despite a 7% decline in YOY growth.
Apple’s premium segment saw its highest shipment share in Q3 2022, with 5%. This was followed by Samsung and OnePlus, both of whom shipped 4% of all phones. The iPhone 13 became the first iPhone to top overall phone shipment. ..
The smartphone makers in India had a great Q3 2022. The market is growing rapidly, and there are many new smartphones coming out every month. Which smartphone did you buy during the festive sales? Tell us in the comment section below. ..
