Smartphone Market Share In India 2024 Update India’s smartphone shipments increased at varying rates by brand, with xiaomi having the highest market share in q1 of 2024, with 20.67%. however, that rate is a 0.19% decline from the fourth quarter of 2023. in contrast, vivo’s quarterly market share increased, rising from 17.97% in the fourth quarter of 2023 to 18.22% in q1 2024. Maintained its strong performance in q1 2024, reaching 35.3 million units. vendors entered 2024 with an improved inventory situation, which allowed channels to embrace multiple new offerings launched during the quarter. the market saw a 15% year on year growth, owing to the lower base of q1 2023, which faced inflationary pressures, weak demand.
Smartphone Market Share In India 2024 Update India’s smartphone market revenue crossed $38 billion in 2021 with 27% yoy growth. xiaomi led the market with a 24% shipment share. the brand also reached its highest ever share in the premium segment (>inr 30,000, ~$400) with 258% yoy growth. samsung registered its highest ever retail asp in 2021. India’s 5g smartphone market share increased to 77% in 2q24, while the average selling price declined by 22% to us$293. india, 13 august 2024 – according to the international data corporation ’s (idc) worldwide quarterly mobile phone tracker , the indian smartphone market shipped 69 million smartphones in 1h24, with 7.2% growth yoy (year. Due to varying update cycles, statistics can display more up to date data than referenced in the text. smartphone market share held by vendors in india q1 2016 q2 2024. smartphone market share. 5g smartphone shipments captured their highest ever share of 71% in volume terms. new delhi, beijing, boston, buenos aires, fort collins, hong kong, london, san diego, seoul – may 9, 2024. india’s smartphone shipments in q1 2024 (january march) grew 8% yoy in terms of volume and 18% in terms of value, according to the latest research from.
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