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Smartphones

Samsung, Xiaomi high India’s flat-growing smartphone market in Q3 2023

dutchieetech.comBy dutchieetech.com2 November 2023No Comments2 Mins Read

India’s smartphone shipments remained stagnant within the third quarter of 2023 (July-September), in response to the month-to-month India smartphone tracker by Counterpoint. Whereas Samsung and Xiaomi topped the market, Apple, throughout this era, recorded its highest-ever smartphone shipments in 1 / 4.

Samsung maintained its main place with a 17.2% market share, pushed by the success of its A and M sequence. Samsung’s methods included an aggressive push in offline gross sales, a give attention to the premium phase, and innovation.

Xiaomi adopted intently with a 16.6% market share, instructed to be pushed by sturdy demand for its Redmi 12 sequence and profitable offline enlargement. Xiaomi’s 5G choices within the funds phase helped it retain its place regardless of a fall in market share.

Vivo ranked third, recording an 11% year-on-year progress and having a 15.9% market share owing to its sturdy offline presence and give attention to the mid-premium phase that drives demand for its smartphones. Then, there may be Realme, coming within the fourth place with a market share of 14.4%. Oppo constituted 9.8% of the market, whereas different manufacturers, together with Transsion manufacturers, which owns one of many fastest-growing manufacturers having a 41% YoY progress, account for 26.1% of the market.

OnePlus led the inexpensive premium phase with a 29% share.

Broaden

Moreover, manufacturers corresponding to Nokia, Motorola, realme, and Google skilled progress throughout this era.

Inexpensive 4G characteristic telephones accounted for 32% of all characteristic cellphone shipments in Q3 2023.

Apple information highest-ever shipments in India
In Q3 2023, Apple skilled a 34% year-on-year progress and shipped greater than 2.5 million models, which is its finest quarter in India to this point. The market analysis agency notes that the pattern of premiumisation in India’s smartphone market is proving to be advantageous for Apple, as the corporate launched iPhone 15 sequence within the quarter .

Greater than half the shipments in Q3 consisted of 5G smartphones

Within the third quarter of 2023, 53% of smartphone shipments consisted of 5G units, with the Rs 10,000 to Rs 15,000 value vary exhibiting vital progress. The ultra-premium phase, with units priced increased than Rs 45,000, grew by 44% in comparison with the earlier yr, fueled by financing choices. Foldable smartphones, too, have gotten widespread amongst shoppers within the ultra-premium phase.

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