Riding on Chinese brands, the India cell phone market outperformed the US just because on a yearly level, turning into the second-biggest cell phone market after China comprehensively – arriving at 158 million shipments in the schedule year 2019 with seven percent (YoY) growth, a report from Counterpoint Research said on Friday.
While Xiaomi kept on being the top player with 28 percent piece of the pie in the schedule year 2019, Samsung was second with 21 percent and Vivo at 16 percent piece of the overall industry, said Counterpoint’s ‘Market Monitor’ administration.
In the course of recent years, Xiaomi, Vivo, and OnePlus have grown multiple times, multiple times and 18 percent, separately.
This features OEMs are sufficiently developed to catch the next influx of development and expand their operations in India. Samsung shipments remained practically level (YoY) while it has indicated a five percent (YoY) decrease in 2019.
This is just because Samsung progressed to a totally new portfolio focusing on various channels (disconnected with An arrangement and online with M arrangement). Be that as it may, it needs to twofold down its efforts to let the momentum going according to the report.
While the cell phone market enrolled YoY growth, the featured smartphone market saw a precarious decrease of about 42 percent YoY in 2019 and 38 percent (YoY) in Q4 2019.
This is because of a slowdown in the new shipments from Reliance Jio. Be that as it may, the players, for example, Itel, Lava, Nokia, and Micromax enlisted positive yearly growth notwithstanding the annual growth even after the overall segment declined to show the untapped potential of the market.
Truth be told, Itel developed as the main component smartphone brand in Q4 2019, trailed by Samsung and Lava.
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