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India’s smartphone shipments are down by 1 % year-on-year (YoY) within the January-March quarter of FY22. Owing to the scarcity of parts and a pointy decline in demand, smartphone shipments hit 38 million items in Q1 2022. The info has been revealed within the newest analysis from Counterpoint’s Market Monitor service, which displays the results of COVID-19 on the smartphone market in India. The third wave of the pandemic, which hit the nation in January this yr, resulted in a gradual begin to the quarter, which gained some velocity in the previous few weeks of March quarter.
As per a report by Counterpoint Analysis, regardless of the decline, Chinese language manufacturers dominated with over 74 % market share in Q1 2022. Identical to the primary quarter of final yr, Xiaomi remained on the high place in India’s smartphone market with 23 % share. Nevertheless, its YoY market share got here down by 13 % year-on-year. Counterpoint’s shipments figures for Xiaomi embody the Poco model. The Chinese language smartphone maker managed to steer the market even within the presence of intense competitors, element shortages and inflation. The model has additionally received the second spot in 5G shipments for the primary time within the Indian market.
Xiaomi was adopted by South Korean smartphone model Samsung, which has pushed the buyer demand with the introduction of the Galaxy A collection. Apparently, the corporate retained the highest place because the top-selling 5G smartphone model in India for the second consecutive quarter. With a 1 % YoY decline in Q1 2022, Samsung held 20 % market share in smartphone cargo.
Subsequent within the record is Realme, the one model among the many high 5 to see a YoY development of 40 % in Q1 2022. Realme’s market share stands at 16 %, up from 11 % share final yr in Q1. The shipments for Realme fashions noticed a fast decide after the festive season. Different components that labored in Realme’s favour are use of Unisoc chipsets, focused product portfolio, and aggressive channel technique.
Vivo and Oppo captured fourth and fifth place, respectively. Whereas Vivo confronted an 8 % YoY decline, Oppo’s shipments declined 18 % YoY in Q1 2022. Nevertheless, Vivo’s market share for smartphone cargo stands at 15 %, whereas Oppo captured a 9 % share. Counterpoint’s figures for Oppo don’t embody the OnePlus model.
Apple registered 5 % YoY development in Q1 2022, being the top-selling model within the premium section, the report.
India’s general handset market shares
Picture Credit score: Counterpoint Analysis
As for the general India handset market (function telephones + smartphones), Counterpoint reviews shipments 16 % YoY, and the function cellphone market particularly noticed a 39 % YoY decline in shipments. Itel lead the function cellphone market, with a 21 % share. When combining all of the Transsion Group manufacturers – Itel, Infinix, Tecno – the corporate took the fourth spot within the general handset market. In the meantime, OnePlus grew 347 % YoY in Q1 2022, credited to the success to OnePlus Nord CE 2 5G and OnePlus 9RT shipments. OnePlus additionally captured third place in premium section.
Out of the whole smartphone cargo share, 5G handsets contributed greater than 28 %, together with 314 % YoY development. The share is anticipated to cross 40 % in coming quarters.
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