According to the International Data Corporation (IDC), the Indian smartphone market has performed strongly in the third quarter of 2020. The result is a year-on-year increase of 17%, which is 54.3 million unit shipments. India is the only country among the top three with this ratio since the USA and China markets have not had growth.
As you could expect, Xiaomi has been the leader in the Indian smartphone market by 13.5 million unit shipments in the third quarter. The year-on-year (YoY) increase was 7%. The majority of shipments consist of Xiaomi Redmi 8A Dual, Redmi 8, and Redmi Note 9. The Poco sub-brand also had successful results with more than one million unit shipments.
The next one was Samsung by 12.1 million units. Thus, India is currently Samsung’s largest smartphone market. The third position belongs to Vivo with 9 million shipments. Realme and OPPO are the fourth and the fifth respectively. Realme had about 8 million shipments while OPPO completed 6.1 million units.
The above-mentioned results are awesome because India also faced an average selling price declined of 2% although it did not disturb. Hence, IDC predicts a gradual uptake of 5G devices by 2021 in India and an expansion into the mid-range segment.