South Korean tech big Samsung held onto its throne because the chief in India’s smartphone market throughout the yr 2023, capturing an 18% share, based on CyberMedia Analysis (CMR). Nevertheless, within the fiercely aggressive December quarter, Chinese language model Xiaomi snagged the highest spot with a 19% share. In line with CMR estimates, the India smartphone market grew 19 per cent on a year-over-year (y-o-y) foundation and the share of 5G smartphone shipments elevated to 65 per cent with a 122 per cent progress.
“Samsung maintained its management within the smartphone market with an 18 per cent market share, adopted by Vivo at 16 per cent in calendar yr 2023. Within the 5G smartphone section additionally, Samsung topped the leaderboard with 23 per cent adopted by Vivo at 15 per cent and OnePlus at 13 per cent,” CMR’s India Cellular Handset Market Evaluation Report mentioned.
5G Takes Heart Stage
The market analysis report highlighted the surging recognition of 5G smartphones, with their share leaping to 65% in 2023, marking a 122% progress over the earlier yr. Samsung retained its 5G crown with a 23% share, adopted by Vivo (15%) and OnePlus (13%).
Xiaomi Makes a This autumn Push
Whereas Samsung led the general yr, Xiaomi dominated the December quarter with a 19% share, edging out Samsung by a hair (18.9%). Vivo took the third spot with 16%. Realme and OPPO rounded out the highest 5 with 12% and eight% shares, respectively.
Premium Market Heats Up
Shipments of premium smartphones (above Rs 25,000) noticed a major 71% year-on-year progress. Apple claimed a notable 6% market share in This autumn, with the iPhone 15 sequence driving over half of its gross sales.
Characteristic Telephones Discover New Life
Surprisingly, the 4G characteristic telephone market skilled a wholesome 52% progress, primarily fueled by Jio gadgets. In the meantime, older 2G telephone shipments declined by 12%. Jio led the characteristic telephone section with a 38% share, adopted by Itel Cellular (23%) and Lava (15%).
Xiaomi Sub-Model Shines
POCO, Xiaomi’s sub-brand, impressed with a staggering 148% progress in smartphone shipments. Vivo additionally noticed spectacular progress in its 5G section, with a 300% surge in comparison with the earlier yr.
CMR predicts continued progress for the Indian smartphone market in 2024, estimating a 7-8% improve. 5G is anticipated to be the important thing driver, with shipments projected to rise by over 40%. Even 4G characteristic telephones are anticipated to see a ten% progress subsequent yr.
“Samsung maintained its management within the smartphone market with an 18 per cent market share, adopted by Vivo at 16 per cent in calendar yr 2023. Within the 5G smartphone section additionally, Samsung topped the leaderboard with 23 per cent adopted by Vivo at 15 per cent and OnePlus at 13 per cent,” CMR’s India Cellular Handset Market Evaluation Report mentioned.
5G Takes Heart Stage
The market analysis report highlighted the surging recognition of 5G smartphones, with their share leaping to 65% in 2023, marking a 122% progress over the earlier yr. Samsung retained its 5G crown with a 23% share, adopted by Vivo (15%) and OnePlus (13%).
Xiaomi Makes a This autumn Push
Whereas Samsung led the general yr, Xiaomi dominated the December quarter with a 19% share, edging out Samsung by a hair (18.9%). Vivo took the third spot with 16%. Realme and OPPO rounded out the highest 5 with 12% and eight% shares, respectively.
Premium Market Heats Up
Shipments of premium smartphones (above Rs 25,000) noticed a major 71% year-on-year progress. Apple claimed a notable 6% market share in This autumn, with the iPhone 15 sequence driving over half of its gross sales.
Characteristic Telephones Discover New Life
Surprisingly, the 4G characteristic telephone market skilled a wholesome 52% progress, primarily fueled by Jio gadgets. In the meantime, older 2G telephone shipments declined by 12%. Jio led the characteristic telephone section with a 38% share, adopted by Itel Cellular (23%) and Lava (15%).
Xiaomi Sub-Model Shines
POCO, Xiaomi’s sub-brand, impressed with a staggering 148% progress in smartphone shipments. Vivo additionally noticed spectacular progress in its 5G section, with a 300% surge in comparison with the earlier yr.
CMR predicts continued progress for the Indian smartphone market in 2024, estimating a 7-8% improve. 5G is anticipated to be the important thing driver, with shipments projected to rise by over 40%. Even 4G characteristic telephones are anticipated to see a ten% progress subsequent yr.