India es US to Become Second Largest Smartphone Market in 2019 4w2563 Counterpoint

While Xiaomi continued to be the top player with 28 percent market share in 2019, Samsung was second with 21 percent. m14b

By Indo-Asian News Service | Updated: 25 January 2020 10:47 IST

India es US to Become Second Largest Smartphone Market in 2019: Counterpoint

Share of Chinese brands hit a record 72 percent for the year 2019 as compared to 60 percent a year ago vs49

Highlights

India smartphone market reached 158 million shipments in 2019
Xiaomi has grown 15 times over the past four years
Samsung shipments remained flat YoY

ment

Riding on Chinese brands, the India smartphone market sured the US for the first time on an annual level, becoming the second-largest smartphone market after China globally -- reaching 158 million shipments in the calendar year 2019 with seven percent (YoY) growth, a report from Counterpoint Research said on Friday.

While Samsung was second with 21 percent and Vivo at 16 percent market share, said Counterpoint's 'Market Monitor' service.

"Although the rate of growth for smartphone market hit single digit for the first time ever on an annual basis, India is underpenetrated relative to many other markets with 4G penetration in of subscribers being around 55 percent," said Tarun Pathak, Associate Director, Counterpoint.

"Chinese brands share hit a record 72 percent for the year 2019 as compared to 60 percent share a year ago.

"This year, we have seen all major Chinese players expanding their footprint in offline and online channels to gain market share. For instance, Xiaomi, Vivo have expanded their online reach with Z and U series," said Anshika Jain, Research Analyst at Counterpoint.

Over the past four years, Xiaomi, Vivo, and OnePlus have grown 15 times, 24 times and 18 percent, respectively.

"This highlights that OEMs are mature enough to capture next wave of growth and expand their operations in India," Jain added.

Samsung shipments remained almost flat (YoY) while it has shown a five percent (YoY) decline in 2019.

"This is for the first time Samsung transitioned to a completely new portfolio targeting different channels (offline with A series and online with M series). However, it needs to double down its efforts to keep the momentum going," the report noted.

India Smartphone Market Share 2019 as per Counterpoint Research 4t2b3r

Smartphone maker	CY 2018 Market Share (in percent)	CY 2019 Market Share (in percent)	Change YoY (in percent)
Xiaomi	28	28	5
Samsung	24	21	-5
Vivo	10	16	76
Realme	3	10	255
Oppo	8	9	28
Others	27	16	-39
Total Share	100	100	7

While the smartphone market ed YoY growth, the feature phone market witnessed a steep decline of nearly 42 percent YoY in 2019 and 38 percent (YoY) in Q4 2019.

"This is due to slowdown in the new shipments from Reliance Jio. However, the players such as Micromax ed positive annual growth despite the overall segment declined showing the untapped potential of the market," said the report.

In fact, Itel emerged as the number one feature phone brand in Q4 2019, followed by Samsung and Lava.

OnePlus 8 leaks look exciting but when will the phones launch in India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts or RSS, the episode, or just hit the play button below.

Comments

For the latest reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.