5G smartphone shipments up by 22% in ‘22: Report

Shipments increased despite a decline in mobile shipments in the country by 8% in 2022

February 8, 2023

The majority share of 5G smartphones was led by Samsung at 23%

The overall market share of smartphones was led by Xiaomi at 21%

The smartphone segment priced beyond INR 1 lakh witnessed a 95% year-on-year (YoY) growth

Samsung's 5G Smartphone shipments crossed the 10 million mark in volume

The shipments of 5G smartphones in India rose by 74% in 2022 on the back of consumers upgrading their existing smartphones, according to a report by CyberMedia research. This was despite a decline in mobile shipments in the country by 8%, last year.

According to the report, the majority share of 5G smartphones was led by Samsung at 23%. Additionally, the overall market share of smartphones was led by Xiaomi at 21%. It further mentioned that 5G smartphones amounting to about US$ 20 billion in value were shipped last year. 

The smartphone segment priced beyond INR 1 lakh witnessed a 95% year-on-year (YoY) growth. Additionally, the premium smartphone segment falling in the INR 25,000-50,000 price bracket increased by 12%, and the super-premium smartphone segment priced in the range of INR 50,000-100,000 saw shipments increase by 41% last year on a YoY basis.

The overall smartphone market in India was led by Xiaomi at 21%, followed by Samsung at 19%, Vivo and Realme at 14%, and Oppo at 10%. 

The report also mentioned that Samsung’s 5G Smartphone shipments crossed the 10 million mark in volume, witnessing a 142% YoY growth. On top of that, the Korean smartphone maker led the premium smartphone segment with a 31% market share.

Source: Business Standard

Recent Articles

Maldives president seeks Indian aid amid looming debt crisis

October 7, 2024

Maldives President Mohamed Muizzu arrived in Delhi on Sunday for …

Read More

India’s digital transformation poised to create a US$1 trillion economy by 2028

October 7, 2024

India’s financial ecosystem has undergone a paradigm shift driven by …

Read More

India’s per capita income set to surge by US$2,000 in five years: FM Sitharaman

October 4, 2024

Union Finance Minister Nirmala Sitharaman has expressed optimism about India’s …

Read More