The Indian smartphone market grew by 5% in 2024, totaling 155.9 million shipments for the calendar yr. The most recent report from Canalys reveals that vivo was India’s main smartphone model for 2024 by way of shipments with 29.5 million models and a 19% market share. Xiaomi (together with Poco) adopted up in second place with an estimated 26.6 million shipments and a 17% market share, whereas Samsung got here in third place with 25.7 million shipments and a 16% market share.
Indian smartphone shipments (full-year 2024)
Oppo (together with OnePlus) managed 18.3 million shipments and gained a 12% market share whereas Realme and its 16.6 million shipments and 11% market share rounded out the top-five manufacturers. As per Canalys analysts, customers had been pushed to improve their gadgets in giant to the refresh cycle from the pandemic and 5G upgrades. Manufacturers had been confronted with inventory pile-ups throughout the festive season, prompting heavy reductions in the direction of the yr’s finish.
The report additionally outlined tendencies in whole shipments for This autumn, 2024, which noticed a modest year-over-year decline of 4% from the earlier yr. The order of the top-four manufacturers by shipments and market share was the identical as on the yearly foundation, with the one exception being Apple, which climbed to the fifth spot.
Cupertino managed 4 million shipments in This autumn and snagged an 11% market share, inserting it on par with Oppo. Apple skilled a 39% annual progress pushed largely by promotions and reductions throughout the festive seasons and iPhone releases.
Indian smartphone shipments (This autumn 2024)
Wanting forward, Canalys predicts single-digit progress in 2025 with sturdy demand for gadgets within the $100-$200 vary and fewer curiosity within the sub-$100 vary and premium segments.
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