The Indian smartphone market continues to develop with a reported 37.1 million shipments within the first three months of 2021 in response to analyst agency Canalys. The determine represents an 11% soar in comparison with the identical interval final 12 months with all main gamers recording elevated gross sales.
Xiaomi as soon as once more stood on the high with 10.5 million smartphone shipments and a 28% market share. Samsung got here in second with 7 million shipments and a 19% market share intently adopted by vivo with its 6.7 million shipments capturing 18% of the entire market. Oppo introduced in 4.7 million shipments in addition to the best annual progress of all firms at 35% whereas Realme rounded out the top-5 standings with its 4.3 million gross sales.
|Vendor||Q1 2021 shipments (million)||Q1 2021 Market share||Q1 2020 shipments (million)||Q1 2020 Market share||Annual progress|
|Observe: percentages might not add as much as 100% as a consequence of rounding | Supply: Canalys estimates (sell-in shipments), Smartphone Evaluation, April 2021|
Canalys describes favorable elements of distant schooling and work which prompted a better demand for smartphones. Trying in direction of Q2, predictions are far much less favorable given the continuing COVID wave sweeping by India in addition to the chipset scarcity and weakening Indian rupee.
The INR 15,000 ($200) smartphone section is predicted to be the principle sufferer in response to Canalys analyst Varun Kannan.