Smartphone market in India grew 7% in Q1 2019: IDC
With a total shipment of 32.1 million units, India`s smartphone market grew 7.1 per cent year-on-year (YoY) despite the global market falling by six per cent during the same period, a new report by the International Data Corporation (IDC) said on Monday.
With a total shipment of 32.1 million units, India`s smartphone market grew 7.1 per cent year-on-year (YoY) despite the global market falling by six per cent during the same period, a new report by the International Data Corporation (IDC) said on Monday. The research showed that despite the government`s new e-commerce rules, online channels managed to sustain their pace, registering 19.6 per cent year-on-year growth in Q1 2019.
Xiaomi maintained its leadership position, growing YoY by 8.1 per cent in Q1 2019 while Samsung was at the second position with a decline of 4.8 per cent in Q1 2019. Vivo grabbed the third position as its shipments doubled in Q1 2019 whereas OPPO recaptured the fourth position with a year-on-year growth of 9.7 per cent.
"Fuelled by attractive offers and new launches by vendors like Xiaomi, Samsung, Realme, and Huawei, online sales reached 40.2 per cent of the market in Q1 2019," Upasana Joshi, Associate Research Manager, Client Devices, IDC India, said in a statement. Average selling prices (ASP) grew by 3.3 per cent YoY to $161.
This was attributed to the growth in the $300-$500 segment, accounting for 6 per cent of the overall smartphone market in Q1 2019. "Samsung surpassed Apple for the leadership position in the premium ($500+) segment with an overall share of 36 per cent in Q1 2019 due to its newly launched Galaxy S10 series that was supported by huge marketing campaigns. OnePlus followed, as its OnePlus 6T was the top-selling model in India`s $500+ segment," Joshi added.
The feature phone market, which still accounts for half of the total mobile phone shipments, registered 32.3 million-unit shipments in Q1 2019, with a sharp decline of 42.4 per cent in the first quarter of 2019 compared to the same quarter last year.
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