India Smartphone Market Grows 19% In Q4 2023, 5G Share Up 65%
New Delhi, Feb 6 (IANS) India smartphone market grew 19 per cent (year-on-year) in the holiday quarter (Q4) of 2023, as Xiaomi led the overall smartphone
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New Delhi, Feb 6 (IANS) India smartphone market grew 19 per cent (year-on-year) in the holiday quarter (Q4) of 2023, as Xiaomi led the overall smartphone
For the full year, Samsung maintained its leadership in the smartphone market with an 18% market share, followed by Vivo at 16%, as per the research firm.
India smartphone market grew 19 per cent (year-on-year) in the holiday quarter (Q4) of 2023, as Xiaomi led the overall smartphone market followed by Samsung, a report showed on Tuesday.The 5G smartphone shipment share increased to 65 per cent, ...
Replacement Demand: The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season.
CMR estimates a decline of 1-2% in smartphone shipments for the entire year, and rebounding to a growth of 8-9% in 2024 with 5G shipments anticipated to grow over 40% year-over-year.