The Indian smartphone market remained flat in 2023 with an general cargo measurement of 44 million. Nevertheless, the entry-premium, mid-premium, and premium segments have registered progress, and the common promoting value of the smartphone has risen to US$253 or approx Rs 21,068.
The premium phase (US$600 Most Learn
“A swift uptake in reasonably priced 5G smartphone shipments indicators bullish sentiments and success of affordability efforts of the distributors. We must always anticipate the earlier technology of premium smartphone fashions to be in excessive demand this festive season, made reasonably priced by numerous gives and upfront reductions throughout channels,” stated Upasana Joshi, Analysis Supervisor, Shopper Units, IDC India. The mass finances phase (US$100 With a market share of 16.2 per cent, Samsung is presently the largest smartphone model within the nation, and realme is within the second place with a 15.1 per cent market share, whereas Vivo (excluding iQOO) has slipped to 3rd place with a 13.9 per cent market share. Xiaomi and Oppo are within the fourth and fifth positions with a market share of 11.7 per cent and 9.9 per cent, respectively.
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Indian smartphone market share by manufacturers (Picture credit score: IDC)
