Counterpoint Analysis’s newest report reveals fascinating particulars in regards to the Indian smartphone market in 2024. Samsung dropped from its main place within the Asian nation, now rating third. vivo took its place with 19% of complete shipments, whereas Xiaomi adopted carefully with 17%.
In 2024, wholesale income rose by 9%, though shipments solely elevated by 1%, totaling 153 million items. 5G smartphone shipments accounted for 78%, that means that three out of each 4 telephones had been appropriate with 5G.
vivo secured the main place because of a robust offline community, additional supported by its sub-brand iQOO. Xiaomi surpassed Samsung as a result of the Korean firm centered on its Galaxy S sequence, which resulted in a decline in gross sales for inexpensive units.
Apple maintained its place because the market worth chief. The iPhone 15 was probably the most shipped gadget in This fall 2024, reinforcing the corporate’s dominance on this space.
In 2024, Nothing emerged because the fastest-growing model, boasting a exceptional 577% development, pushed primarily by Cellphone (2a) gross sales and the launch of the CMF sub-brand.
Chipset makers breakdown sees MediaTek outperform Qualcomm, holding a 52% market share in comparison with Qualcomm’s 25%, marking a report excessive for the Taiwanese firm.
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