Samsung, Xiaomi and vivo lead the Q3 Indian smartphone market, while Apple shipments hit an all-time high
Thank CTOnews.com netizens soft media Xinyou 1933769 for the clue delivery! CTOnews.com, Nov. 2 (Xinhua) Apple is becoming more and more popular in India, although shipments of Q3 smartphones in India are the same as those in the same period last year, according to Counterpoint Research's latest monthly report on Indian smartphones.
▲ note: OPPO includes one plus; millet includes red rice; vivo includes iQOO; and above data is rounded, so the sum may not be equal to 100%. In the third quarter, Samsung topped the list with 17.2 per cent for the fourth consecutive quarter; Xiaomi ranked second with 16.6 per cent; vivo followed with 15.9 per cent; and OnePlus topped the entry-level high-end market with 29 per cent. CTOnews.com Note: the entry-level high-end market here refers to the market of 30,000 to 45,000 Indian rupees, which is about 2500-4000 yuan, and then belongs to the super-high-end market.
In addition, other well-known brands that recorded year-on-year growth in the third quarter of 2023 include Nokia (31 per cent), Motorola (27 per cent), realme (7 per cent) and Google (6 per cent).
According to reports, vivo is the fastest growing brand among the top five brands, with an increase of 11% over the same period last year. In the overall market, the growth rate of sound brands is the fastest, with an increase of 41% over the same period last year. In addition, Apple Q3 shipments exceeded 2.5 million units, up 34% from a year earlier, setting a quarterly high.
"Mobile phone brands are launching new terminals in the third quarter of 2023 and constantly enriching product channels to prepare for the upcoming holiday season," said Shilpi Jain, a senior research analyst. "the high-end market and 5G are two focus areas, with a number of products on the market."
"thanks to strong demand for the Redmi 12 series and offline expansion, Xiaomi Q3 has reached 16.6 per cent of the Indian market," said Shubham Singh, a research analyst. Xiaomi has effectively taken advantage of the opportunity to introduce 5G technology in the economic market. Consumers have responded enthusiastically to the company's latest Redmi 125G series. "
He pointed out that Apple has experienced a period of rapid development in India, and the third quarter of 2023 also marked the highest quarter of Apple shipments in the country, more than 2.5 million units. India, the world's second-largest smartphone market, has begun to move towards the top end, and Apple is benefiting from this trend by launching terminals and loans to buy phones.
