How is the Smartphone Industry Trend in 2021? : vimarsana.co

How is the Smartphone Industry Trend in 2021?


Updated: May 3, 2021 12:11 PM IST
2020 marked the most challenging year in history, and like every other industry, the smartphone industry also experienced an upheaval however emerged more resilient than before.  As per data from Counterpoint’s Market Monitor service, the Indian smartphone market registered a modest 4% decline in the pandemic-hit year and gathered momentum in the second half of 2020 by crossing 100 million units. Also Read - Apple's foldable iPhone to make its entry in 2023, suggests Ming-Chi Kuo
Rise in online sales
Due to various lockdown and social distancing norms in 2020, online sales shot up. Offline-centric brands such as Samsung, Vivo and OPPO increased their online presence. Smartphone companies increased their online presence on various Indian ecom platforms like flipkart and amazon. Customers preferred buying

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