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Indian smartphone market shows signs of recovery; Q2 shipments may rise by 11%, ET Retail

The research firms attributed the arrest in shipment fall to a revival in consumer demand with the macroeconomic factors improving, and they expect the pent-up demand from last year to kick in the last two quarters with inflation going down and markets primed for an upgrade cycle for a large number of consumers who purchased smartphones during the pandemic.
Sanyam Chaurasia Counterpoint Research Thdc India

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India Smartphone Market: Indian smartphone market shows signs of recovery; Q2 shipments may rise by 11%, ET Telecom

India Smartphone Market: Market trackers Counterpoint Research, IDC India and CMR India pegged smartphone shipments in the second quarter ended June at 34-36 million units. It is a decline of around 6% year on year, but an improvement over the 19% fall seen in the first quarter, according to preliminary data from Counterpoint. It said second quarter shipments are likely to have risen by around 11% sequentially.
New Delhi Shilpi Jain Sanyam Chaurasia Counterpoint Research India Smartphone Market Counterpoint Research

Indian smartphone market shows signs of recovery; Q2 shipments may rise by 11%

The research firms attributed the arrest in shipment fall to a revival in consumer demand with the macroeconomic factors improving, and they expect the pent-up demand from last year to kick in the last two quarters with inflation going down and markets primed for an upgrade cycle for a large number of consumers who purchased smartphones during the pandemic.
Shilpi Jain Sanyam Chaurasia Counterpoint Research Might Also Like Idc India

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