Indian Smartphone Market had its Highest Ever October Shipments this year: IDC

Main Image
  • Like
  • Comment
  • Share

Mobile phones are at the front and center of our lives. The latest IDC smartphone market analysis is a testament to this. According to it, the market grew by 42 percent thanks to shipments of 21 million units in October, making it the second-highest for a month this year. The first one being September. So, it’s been two months back to back.

IDC points to the recent festive sales as the reason which came to feed the pent-up demand from the previous quarter.

Online platforms were the major channel of sales with a 51% share of the aforementioned shipment volume and themselves gaining 53% YoY growth. That said, even brick and mortar stores had a sound 33% YoY surge.

ALSO READ: Amazfit GTR 2 with 90+ Sports modes, 14-day battery life launched in India

The premium segment saw considerable growth paved by the online sale of high-end handsets like iPhone 11, iPhone XR, and OnePlus 8.

Indian Smartphone Market had its Highest Ever October Shipments this year: IDC

Meanwhile, the low to mid-range segment pulled off a 60% growth and attained a 58% share of the total market in October.

ALSO READ: Asus Zenbooks and Vivobooks with 11th gen Intel processors and 4K OLED displays launched in India

If we talk about major players, the names include Xiaomi (24.8%), Samsung (20.6%), Vivo (17.8%), Realme (13.8%), and Oppo (12.3%). Interestingly enough, Poco, the Xiaomi offshoot brand, has made its way to the top 5 smartphone brands in India this year. It is now the 4th largest online phone brand in the country owing to its releases like Poco X3 and C3.

Vasan G.S.Vasan G.S.
An inquisitive mind who spends a big chunk of the day keenly tracking every emerging detail and is responsible for quickly passing on important developments to Smartprix followers. He loves to stay in his bubble scripting his destiny involving amazing technology and people with good character, passion, and brilliance.

Related Articles

ImageSamsung Galaxy A55 5G Review: Flagship experience at a lower price point?

Samsung’s Galaxy A55 has arrived in India. It is Samsung’s costliest A series phone in 2024 priced starting Rs 39,999. In this week-long review, With Galaxy A55 Samsung is playing on its strengths, from the striking design to an impressive AMOLED display. But does it truly deliver on performance, battery life, and camera quality? Let’s …

ImageIndian Smartphone Market Peaked at 142.3 million units in 2018

According to the IDC India (International Data Corporation), the smartphone companies shipped a total of 142.3 million units in India in 2018 (Annual), resulting in a healthy 14.5% growth. If you are wondering, 2017 shipment stood at 124.3 million units. Furthermore, the year on year growth pertaining to the December quarter was 19.5 percent as the volume …

ImageSmartphone shipments in India declines amidst the festive season: Falls by 10% in Q3

Despite the festival season in India, the Indian smartphone market share declined by 10% YOY shipping just 43 million units in the 3rd quarter with Vivo, Realme, and Xiaomi logging the sharpest fall in shipments, a report by IDC stated. The report claimed that this is the lowest 3rd quarter shipment since 2019 despite the …

ImageSamsung Galaxy F15 5G Hits Indian Market with 90Hz Screen, Massive Battery: Check Out Price and Specifications

Samsung unveiled the Galaxy F15 5G smartphone in India today, targeting budget-conscious consumers with a starting price of Rs 15,999. Packed with impressive features, the Galaxy F15 5G boasts a robust 6,000mAh battery, MediaTek Dimensity 6100+ chipset, and the promise of four years of Android updates. Let’s delve into the detailed specifications and pricing of …

ImageApple Occupies The Top Spot In Smartphone Shipments 2023, Dethrones Samsung After 12 Years

Even though global smartphone shipments have dropped 3.2 percent year over year in 2023, Apple has taken the top position, beating Samsung to the punch. According to data from the International Data Corporation, 2023 marked the lowest full-year volume (in terms of smartphone shipments) in a decade, “driven largely by macroeconomic challenges and elevated inventory …

Discuss

Be the first to leave a comment.