Analysts at Canalys estimated the smartphone market in India for the third quarter. It sank 5% to 47.5 million devices. The reason is problems with supplies, first of all, of inexpensive devices.
At the same time, in quarterly terms, the market grew by 47%, which indicates a recovery from the peak of the COVID-19 pandemic.
Xiaomi remains the market leader, which has sagged more than the market as a whole. The company shipped 11.2 million smartphones, down 14% from a year earlier. But Xiaomi still holds 24% of the market.
Samsung holds 19%. The company sold 9.1 million smartphones, decreasing shipments by 10%. Vivo closed the top three, but also sank in sales by 8%, to 8.1 million devices, taking 17% of the market.
Realme and Oppo entered the top five, showing sales declines of 14% and 7%, respectively. Thus, all five market leaders not only sagged in sales, but sagged more than the market on average. This means that many smaller companies have managed to significantly increase their performance. Actually, all other companies outside the top five have more than doubled their sales (by 108%)!
Unfortunately, analysts do not indicate which companies have grown the most.
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