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Canalys: Indian smartphone market declines by 3% in Q3 but recovery looms ahead

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A complete of 43 million smartphones had been shipped in India through the July-September months in line with the newest Canalys Smartphone Market Pulse report. The determine represents a 3% drop in comparison with the values from a yr in the past however Canalys notes that the improved client confidence and the launch of a number of high-profile smartphones will doubtless result in constructive development forward of the festive season.

Canalys: Indian smartphone market declines by 3% in Q3 but recovery looms ahead

Samsung retained its market management with an estimated 7.9 million shipments and 18% market share. Xiaomi got here in at a detailed second place matching Samsung’s market share determine whereas transport 7.6 million smartphones. Vivo rounds out the highest three with 7.2 million shipments and a 17% market share. Fellow BBK Group firms Realme (5.8 million) and Oppo (4.4 million) got here in fourth and fifth respectively.











Indian smartphone shipments and annual development Canalys Smartphone Market Pulse: Q3 2023
Vendor Q3 2023 shipments (million) Q3 2023 market share Annual development
Samsung  7.9 18% -3%
Xiaomi 7.6 18% -17%
vivo 7.2 17% -1%
Realme 5.8 13% -6%
Oppo 4.4 10% -16%
Others 10.1 24% 19%
Whole 43.0 100% -3%
Word: Percentages could not add as much as 100% as a result of rounding. Xiaomi estimates embody sub-brand POCO, OPPO excludes OnePlus. Supply: Canalys estimates (sell-in shipments), Smartphone Evaluation, October 2023

Manufacturers exterior the highest 5 like OnePlus, Infinix, Tecno and Motorola noticed spectacular development from their increasing presence throughout India. As a complete, the entry-level phase carried out one of the best by way of shipments with new choices providing 5G connectivity. Premium telephones from Samsung and Apple additionally noticed strong development with enticing gives through the festive gross sales occasions.

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