Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report
1 year, 5 months ago

Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report

The Hindu  

The global smartphone market declined 8% year-over-year in Q2 2023, making it the eighth consecutive quarter to witness YoY decline. The slowdown in growth can be attributed to the global smartphone market moving past its growth phase, consumer replacement cycles getting longer, convergence in device innovation, and the emergence of a more mature refurbished market for smartphones. Premium segment remains immune The premium segment continued to grow showing resilience to the broader growth constraints, with one out of five smartphones sold during the quarter belonging to the premium segment. The Cupertino-based tech company witnessed record shares in multiple new markets including India, where the company grew 50% YoY in Q2 2023.

India China Markets Market Premium Yoy Segment Global Smartphone Market Premium Segment  smartphone  yoy  markets  india  witnessed  remains  global  china  report  growth  q2  immune  relatively  premium  market  segment

History of this topic

Smartphone market stays below pandemic levels, concerns remain
6 days, 19 hours ago

Smartphone market stays below pandemic levels, concerns remain

Live Mint  

India’s $40-billion-plus smartphone economy is likely to continue below the demand in the pandemic era, raising concerns around how the market can revive itself. With government-affiliated think-tank Niti Aayog valuing India’s electronics industry at $155 billion as of the past fiscal, the smartphone economy is important as it accounts for over a quarter of the electronics market, without taking exports …

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024
1 month, 1 week ago

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024

India TV News  

The Indian smartphone market grew 5.6 per cent year-on-year in Q3 2024, with shipments reaching 46 million units, according to IDC's data. Apple recorded its highest-ever quarterly shipments in India, capturing an 8.6% market share, up from 5.7 per cent in Q3 2023. Surge in 5G Smartphone Shipments 5G smartphones accounted for 83 per cent of total shipments, up from …

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India
1 month, 1 week ago

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India

Firstpost  

The Indian smartphone market overall grew by 5.6 per cent year-over-year, marking its fifth consecutive quarter of positive growth. While Apple made headlines with its impressive numbers, Vivo maintained its position as the market leader, holding 15.8 per cent of the total market share The premium smartphone segment, comprising devices priced between $600 and $800, witnessed the most significant growth, …

Apple vs Samsung: See which smartphones Indians are buying
1 month, 1 week ago

Apple vs Samsung: See which smartphones Indians are buying

Hindustan Times  

Apple's market share in India has expanded while rival Samsung has struggled with its sales numbers taking a hit yet again, showed data from market intelligence firm International Data Corporation. Apple's market share grew by 58.5% year-over-year for the third quarter of 2024, while Samsung's market share fell by 19.7% year-over-year for the same period. She added that the launch …

Samsung, OnePlus woes threaten premium smartphone growth in India
1 month, 1 week ago

Samsung, OnePlus woes threaten premium smartphone growth in India

Live Mint  

NEW DELHI : India’s premium smartphones market witnessed a surprisingly muted festive period as buyers deferred purchases citing lack of innovation, according to retailers and distributors. Read this | Diwali smartphone sales revive budget phones—for now “Samsung’s premium devices saw a clear downturn in demand from buyers during the festive period, even though it did strongly in the budget 5G …

Xiaomi, followed by Vivo and Samsung, lead in smartphone shipments: Q2 2024
4 months, 3 weeks ago

Xiaomi, followed by Vivo and Samsung, lead in smartphone shipments: Q2 2024

The Hindu  

Chinese smartphone player Xiaomi has bagged the leading place in Q2 2024 with an 18.9% shipment share, closely followed by Vivo with 18.8% and Samsung with 18.1% share, noted Counterpoint Research. Nothing became the fastest growing brand in H1 2024, with 567% yoy growth in shipments due to new models like Phone 2a and CMF Phone 1, claimed Counterpoint. In …

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers
5 months ago

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers

India TV News  

The Indian smartphone market experienced only a 1 percent growth in the April-June quarter, with a total of 36.4 million units shipped, as stated in a report released on Thursday. Xiaomi regained the top position after six quarters, capturing an 18 percent market share with 6.7 million units shipped. Vivo closely followed, also shipping 6.7 million units, boosted by affordable …

Foldable handsets to grab sector headlines this year
5 months ago

Foldable handsets to grab sector headlines this year

China Daily  

Samsung Electronics on Wednesday unveiled its latest foldables, the Galaxy Z Fold6 and Galaxy Z Flip6 series in China. China's foldable smartphone market is expected to witness robust growth this year, mainly driven by the gradual improvement of flexible screens, software design innovations and continuous product price declines, industry experts said. A report from market research company International Data Corp …

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report
5 months, 1 week ago

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report

India TV News  

Global smartphone shipments have reportedly increased by 6.5 per cent in the second quarter of 2025, which will be driven by Samsung Electronics and Apple. Global smartphone shipment in the second quarter As per the Reuter report, it is marked as the fourth consecutive quarter of growth in global shipments, in which smartphone manufacturers are leveraging artificial intelligence to attract …

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot
5 months, 1 week ago

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot

ABP News  

The global smartphone market saw a significant upturn in the second quarter of 2024, with sales increasing by six per cent compared to the same period last year. Samsung Leads Market Share, Followed By Apple Several regions played a key role in driving this growth, particularly Europe and Latin America, where smartphone sales surged by over 10 per cent. Apple …

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset
7 months, 3 weeks ago

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset

NPR  

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset Enlarge this image toggle caption Mark Lennihan/AP Mark Lennihan/AP Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest …

China's smartphone market grows 6.5% in Q1
7 months, 4 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

China's smartphone market grows 6.5% in Q1
7 months, 4 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

Samsung overtakes Apple as top smartphone maker in Q1 2024
8 months, 1 week ago

Samsung overtakes Apple as top smartphone maker in Q1 2024

The Hindu  

April 15, 2024 10:06 am | Updated 10:08 am IST Apple’s smartphone shipments took a hit by about 10% in the first quarter of 2024, according to a report published by Reuters on Monday, citing data from IDC. During the January- March period, Samsung reportedly captured 20.8% of the market share, clinching the top smartphonemaker position from Apple. In the …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
8 months, 1 week ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
9 months, 2 weeks ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B
10 months ago

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B

Hindustan Times  

After successive tough few quarters that saw Xiaomi lose significant chunk of their market share, Muralikrishnan B, president of Xiaomi India, decided in July 2023 that it was time for a no-compromise approach towards reconstructing the tech company’s India business. Xiaomi India president Muralikrishnan B “At the beginning of 2023, is when we realised a few things haven’t gone as …

Apple gets record shipments in India. This iPhone is sold most
10 months, 1 week ago

Apple gets record shipments in India. This iPhone is sold most

Hindustan Times  

In the October- December quarter, Apple achieved record shipments in the Indian smartphone market, capturing a 7 per cent market share, according to Canalys research. The report says that Indian smartphone vendors capitalised on robust festival season demand, propelling Q4 shipments to an impressive 3.89 crore units, representing a substantial 20 per cent year-on-year rebound. Additionally, discounts on the previous-generation …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
10 months, 3 weeks ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023
11 months, 1 week ago

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023

ABP News  

In 2010, a company other than Samsung last held the top position in the global smartphone market. This significant change is fueled by Apple's all-time high market share a first time at the top, says a report by International Data Corporation. According to preliminary data from IDC's Worldwide Quarterly Mobile Phone Tracker, 2023 witnessed a 3.2 per cent year-over-year decline …

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker
11 months, 1 week ago

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker

Firstpost  

In a historic shift, Apple’s iPhone outpaced Samsung’s smartphones to clinch the title of the world’s best-selling smartphone in 2023, marking the first time the South Korean tech giant has surrendered the top position since 2010. Meanwhile, Samsung experienced a 13.6 per cent decline in smartphone shipments, totalling 226.6 million units and securing a market share of 19.4 per cent, …

Apple dethrones Samsung to become world's top phone maker
11 months, 1 week ago

Apple dethrones Samsung to become world's top phone maker

Hindustan Times  

For the first time since 2010, Apple Inc has dethroned Samsung Electronics to become the best-selling smartphone company in 2023. Apple iPhone 15 plus Samsung, whose shipments slumped double-digits to 226.6 million, came in second, ahead of Chinese device makers like Xiaomi Corp. Apple iPhone 15 had a lukewarm reception in China, which is its biggest market in the world, …

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure
11 months, 2 weeks ago

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure

News 18  

BEIJING: Apple's iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competitive pressures from domestic rivals such as Huawei for the U.S. tech giant. The decline in Apple's sales was the primary catalyst for an overall double-digit drop in China smartphone shipments for the first …

Smartphones see a muted ’23, this year may be better
11 months, 2 weeks ago

Smartphones see a muted ’23, this year may be better

Live Mint  

New Delhi: India’s smartphone market cooled for a second straight year in 2023, analysts polled by Mint said, even as they expect the year ahead to be better than the last. Smartphone volumes at 144-145 million units in 2023 remained unchanged from the previous year or were slightly less, four telecom analysts polled by Mint said. However, helped by higher-priced …

Riding booming demand, foldables to outperform overall smartphones
11 months, 3 weeks ago

Riding booming demand, foldables to outperform overall smartphones

China Daily  

By FAN FEIFEI | China Daily | Updated: 2024-01-03 09:51 Vivo's foldable smartphone X Fold+, which features mobile imaging technology co-developed by Zeiss, on display at the fifth China International Import Expo. Counterpoint Research said global foldable smartphone shipments are expected to have continued their rising trend and hit 16 million units in 2023, an increase of 26.8 percent year-on-year, …

Global smart personal audio market drops down by 3%, Apple leads
1 year ago

Global smart personal audio market drops down by 3%, Apple leads

India TV News  

Global smart personal audio shipments fell by 3 per cent to 110 million units in Q3 of 2023, with developed regions which are struggling while the emerging regions grew strongly. With 23.4 million units and a 21 per cent share, Apple has led the global market, followed by Samsung and boAt. Alternative wearable forms, like air and bone conduction devices, …

India’s smartphone market sees flat growth in September quarter
1 year, 1 month ago

India’s smartphone market sees flat growth in September quarter

Live Mint  

New Delhi: India’s smartphone market posted almost flat year-on-year growth during the second quarter of 2023-24, with shipments of 44 million units. Next year, we will see affordable 5G and foldable phones at the mid to premium end, but inflationary stress and longer refresh cycles may limit annual market growth in 2024,” said Navkendar Singh, assistant vice- president, devices research, …

There’s a boom in premium phones: What’s driving it?
1 year, 1 month ago

There’s a boom in premium phones: What’s driving it?

Live Mint  

Demand for smartphones dropped in 2022, with the market shrinking 10%. Plus, nearly every smartphone has zero-interest financing options, making even expensive phones affordable. Further, premium phones have fatter margins, allowing brands to offer bigger discounts. As bulk volumes fell, brands have started focusing more on premium phones to maintain revenue. However, there is a long-term glass ceiling for brands—India …

Samsung and Huawei to spearhead foldable smartphone surge in 2024: Counterpoint Research Report
1 year, 3 months ago

Samsung and Huawei to spearhead foldable smartphone surge in 2024: Counterpoint Research Report

India TV News  

The global market for foldable smartphones is poised for significant growth in 2024, driven by the introduction of more affordable entry-level products. In the second quarter of this year, the global foldable smartphone market experienced a significant 10% year-on-year growth, totalling 2.1 million units. In Q2, the Chinese foldable smartphone market achieved remarkable success, surging 64% year-on-year to reach 1.2 …

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report
1 year, 3 months ago

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report

India TV News  

A recent report by market intelligence company TrendForce suggests that Apple's upcoming iPhone 15 series has the potential to challenge Samsung's long-standing position as the global market leader in smartphones. The global smartphone production industry has faced consecutive quarterly declines, with the second quarter of 2023 witnessing a 6.6 per cent drop, resulting in a total production of approximately 272 …

Global smartwatch shipments increase in Q2, 2023 driven by soaring demand in India: Report
1 year, 3 months ago

Global smartwatch shipments increase in Q2, 2023 driven by soaring demand in India: Report

The Hindu  

Global smartwatch shipments increased 11% YoY in Q2 2023 after declining for two consecutive quarters, Q4 2022 and Q1 2023. China’s market also recorded a modest increase, while the North American market posted a decline of 9%, industry analysis firm, Counterpoint said in a blog post. While China’s market share declined, shipments grew 5% from Q2 2022 with the share …

Premium segment brands created feeder base for Apple iPhone: Report
1 year, 3 months ago

Premium segment brands created feeder base for Apple iPhone: Report

The Hindu  

Premium-focused smartphone sellers like OnePlus, Oppo and Vivo helped Indian smartphone users make the aspirational jump to become iPhone owners, noted research firm Techarc in a report on Thursday. With the segment growing for the past few years in India the potential feeder base for iPhone is only expanding,” said Faisal Kawoosa, founder of Techarc, adding that the iPhone feeder …

Global smartphone shipments expected to decline to lowest in a decade in 2023: Report
1 year, 4 months ago

Global smartphone shipments expected to decline to lowest in a decade in 2023: Report

The Hindu  

Global smartphone shipments are expected to decline by 6% to 1.15 billion units, the lowest in a decade. Regional macro risks extending smartphone replacement rates, and negative growth rates in Asia ex-China/India, North America, and China are likely being the biggest drivers of negative growth, Counterpoint said in a blog post. Asia is being seen as one of the major …

Apple's ascent toward top rank coincides with an anticipated decade-low in Global Smartphone Shipments
1 year, 4 months ago

Apple's ascent toward top rank coincides with an anticipated decade-low in Global Smartphone Shipments

India TV News  

Global smartphone shipments are predicted to experience a significant decline in 2023, reaching a 6% drop to approximately 1.15 billion units, marking the lowest point in a decade. Preliminary data from Counterpoint Research reveals that regional challenges have led to intensifying declines across emerging markets, contributing to record-high smartphone replacement rates. Nonetheless, there is a noticeable trend of growth in …

New battles define a slowing Indian smartphone market
1 year, 4 months ago

New battles define a slowing Indian smartphone market

Hindustan Times  

Which brand is the number one smartphone maker in India at present? “Despite an overall decline in smartphone shipments, the 5G smartphone segment showed promising performance capturing 47% market share; up from 31% in Q2 2022,” says Shipra Sinha, analyst for Industry Intelligence Group at CyberMedia Research. Research firms IDC and TechInsights Inc in their reports peg Vivo as having …

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report
1 year, 4 months ago

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report

The Hindu  

Samsung leads the 5G smartphone market in India with a 24% market share, followed by OnePlus, noted CyberMedia Research ’s Q2 2023 data released on Friday. Meanwhile, smartphone market shipments declined 6% YoY, while the overall mobile market declined by 2% YoY. Premium segment recorded 9% YoY growth, the super-premium smartphone segment grew 95% and the uber-premium segment witnessed 133% …

India’s premium smartphone shipments grew 112% YoY in Q2 as overall demand improved
1 year, 4 months ago

India’s premium smartphone shipments grew 112% YoY in Q2 as overall demand improved

The Hindu  

Smartphone shipments in India declined by 3% year-over-year in Q2 2023, down from 19% in Q1. Meanwhile, the premium segment in the country grew by 112% YoY in Q2 2023, contributing a record 17% to overall shipments, Counterpoint, a global analysis firm, said in a blog post. At the consumers’ end, falling inflation and better growth prospects along with 5G …

Global foldable smartphone market expands despite decline in overall smartphone market
1 year, 5 months ago

Global foldable smartphone market expands despite decline in overall smartphone market

The Hindu  

Global foldable smartphone shipments grew by 64% year-over-year in Q1 2023, reaching 2.5 million units. The robust growth is significant as the foldable market rose despite a 14.2% YoY decline in the overall global smartphone market during the same period. Growth in the foldable smartphone market was largely driven by the domestic foldable market in China which continued to grow …

Global Foldable Smartphone Market surges by 64% in Q1 2023, defying overall smartphone market decline
1 year, 5 months ago

Global Foldable Smartphone Market surges by 64% in Q1 2023, defying overall smartphone market decline

India TV News  

According to a recent report by Counterpoint Research, the global foldable smartphone market experienced an impressive 64% year-on-year growth in the first quarter of 2023. The robust expansion of the global foldable smartphone market was primarily fueled by the rapid growth of the Chinese foldable market. However, as consumer response to foldable phones improves and Apple potentially releases non-phone foldable …

Global smartphones market contracts even as inventories rise and consumers renew less often
1 year, 7 months ago

Global smartphones market contracts even as inventories rise and consumers renew less often

The Hindu  

The global smartphone market contracted even as major brands witness pile-up in inventories and consumers rethink renewing their handsets. The drop is seen as the weakest holiday-season quarter for smartphone sales in a decade as slower-than-expected recovery in China, and waning consumer confidence due to unrelenting market volatility dampened consumer spending. Consumers are choosing to renew less often but with …

Apple, Samsung capture 58% of global tablet market
1 year, 7 months ago

Apple, Samsung capture 58% of global tablet market

India TV News  

New Delhi: Apple, followed by Samsung, led the global tablet market in the first quarter of 2023, together making up nearly 58 per cent of the market even with the changing landscape post-pandemic, a report has shown. Apple shipped 10.8 tablets with a 35.2 per cent share in Q1, followed by Samsung at 23.1 per cent share and shipping 7.1 …

India’s smartphone shipments decline 21% in Q1 2023: Report
1 year, 7 months ago

India’s smartphone shipments decline 21% in Q1 2023: Report

The Hindu  

India’s smartphone market shipments declined 21% in the March-ending quarter, compared to the same period last year. There were 34 new 5G smartphone launches in the first quarter of 2023, CMR’s ‘India Mobile Handset Market Review Report for Q1 2023’ report said. However, the super-premium smartphone segment and the Uber premium segment shipments saw remarkable growth of 96% and 208% …

Smartphone Shipments In India Decline 16% In January-March: IDC Report
1 year, 7 months ago

Smartphone Shipments In India Decline 16% In January-March: IDC Report

News 18  

Smartphone shipments in India declined 16 per cent year-on-year in the January-March quarter to 31 million units, market research firm IDC said on Thursday. “31 million smartphones were shipped in India during the first quarter of 2023, a decline of 16 per cent YoY, and the lowest first-quarter shipments in four years," International Data Corporation’s Worldwide Quarterly Mobile Phone Tracker …

5G smartphone share goes up by 45% in India as high-end 4G devices vacate space
1 year, 7 months ago

5G smartphone share goes up by 45% in India as high-end 4G devices vacate space

India TV News  

5G smartphone share increased to 45 per cent in India in the March quarter, up from 31 per cent in the same period last year, led by Samsung which accounted for more than a quarter of the 5G smartphone shipments. A report from the International Data Corporation showed that 31 million smartphones were shipped in the country in the first …

India’s smartphone shipments drop for the third consecutive quarter, falling 19% YoY: Report
1 year, 7 months ago

India’s smartphone shipments drop for the third consecutive quarter, falling 19% YoY: Report

The Hindu  

Indian smartphone market recorded its highest-ever drop in Q1 2023, a decline of 19% year-on-year between January and March 2023. Samsung’s 5g-capable A series performed well in the offline market contributing 50% of the shipments and its ultra-premium segment grew 247% driven by the success of its S23 series. Vivo maintained its second position in terms of shipments with a …

Foldable Smartphone Sales Decline For The First Time In Fourth Quarter Of 2022: Report
1 year, 9 months ago

Foldable Smartphone Sales Decline For The First Time In Fourth Quarter Of 2022: Report

News 18  

Bad news for foldable smartphones! As to the report, foldable smartphone shipments fell by 48 per cent compared to the previous quarter and 26 per cent compared to the same period in 2021, with a total of 3.1 million units shipped from October to December 2022. Although Q4 2022 saw a decline in shipments, the overall 2022 foldable phone shipments …

India’s 5G tablet shipments grows 170%; Lenovo leads with 29% share
1 year, 10 months ago

India’s 5G tablet shipments grows 170%; Lenovo leads with 29% share

The Hindu  

India’s 5G tablet shipments grew 170% year-on-year, noted new insights from CyberMedia Research. As per CMR, Lenovo, Apple, and Samsung, captured the top three spots in the tablet market in the 2022 calendar year. The Apple iPad 9 and the Apple iPad Air 2022 had a 45% and 17% market share respectively. Samsung shipments recorded 29% year-on-year growth in 2022 …

Indian Smartphone Market Declines 27% In Q4 2022, Entry-Level Segment Hit Hard: IDC Report
1 year, 10 months ago

Indian Smartphone Market Declines 27% In Q4 2022, Entry-Level Segment Hit Hard: IDC Report

News 18  

With smartphones’ increasing similarity in appearance, reaching the proverbial ‘saturation point’ in terms of performance, and rising Average Selling Price, the demand for them has declined in India. According to IDC, the shipment of smartphones in India experienced a sharp decline of 27% in the Q4 2022, reaching 29.6 million units compared to 40.6 million in the same period of …

India’s smartphone market declined 10% in 2022, Apple leads premium segment: Report
1 year, 10 months ago

India’s smartphone market declined 10% in 2022, Apple leads premium segment: Report

The Hindu  

India’s smartphone market exited 2022 with 144 million shipments, lowest since 2019, with a 10% decline y-o-y, noted International Data Corporation. In the premium segment of $500+, Apple maintained its lead with a 60% share with iPhone 13 being the 3rd most shipped device in 2022, followed by Samsung with a 21% share. Brand-wise, Xiaomi maintained lead with 18.6% market …

Discover Related