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