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Smartphone market grows 1% in April-June

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Smartphone market grows 1% in April-June
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19 July 2024 2:08 AM GMT

New Delhi: The Indian smartphone market grew just 1 per cent in the April-June quarter (Q2), totalling 36.4 million units shipped, a report showed on Thursday.

Xiaomi reclaimed the top spot after six quarters, capturing an 18 per cent market share with 6.7 million units shipped.

Vivo closely followed, also shipping 6.7 million units, boosted by affordable 5G and mid-range models, according to market research firm Canalys.

“Samsung ranked third with 6.1 million units shipped. realme and OPPO (excluding OnePlus) rounded out the top five with 4.3 million and 4.2 million units shipped, respectively,” the report mentioned.

Sanyam Chaurasia, senior analyst at Canalys, said that in the second quarter, top mass-market brands expanded their mid-high-end portfolios and will use early monsoon sales to clear inventory, making space for new models ahead of the festive season.

Indian smartphone market Xiaomi market share Vivo 5G models Samsung ranking realme and OPPO shipments Canalys report Festive season models 
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