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Thursday, Jul 18, 2019

India’s smartphone market grew 7% in Q1 2019: IDC report

IDC’s research showed that despite the government’s new e-commerce rules, online channels managed to sustain their pace, registering 19.6% year-on-year growth in Q1 2019.

tech Updated: May 14, 2019 18:10 IST
Indo Asian News Service
Indo Asian News Service
Indo Asian News Service
Xiaomi continued to lead the Indian smartphone market.
Xiaomi continued to lead the Indian smartphone market. (Xiaomi)

With a total shipment of 32.1 million units, India’s smartphone market grew 7.1% year-on-year (YoY) despite the global market falling by 6% 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% year-on-year growth in Q1 2019.

Xiaomi maintained its leadership position, growing YoY by 8.1% in Q1 2019 while Samsung was at the second position with a decline of 4.8% 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%.

“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% 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% in the first quarter of 2019 compared to the same quarter last year.

 

First Published: May 14, 2019 18:10 IST

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