Canalys: Smartphone market in India rebounds in Q4, posts 20% YoY increase

Estimated read time 1 min read

Canalys revealed the smartphone market in India had a year-on-year growth for the first time in five quarters during Q4 2023. Vendors saw a 20% increase in shipments between October and December, helping push sales for the full year to a slight 2% decline compared to 2022.

The total shipments in 2023 were 148.6 million units, 38.9 million of them during Q4.

Samsung kept the top position, but competition remained tight, with Xiaomi and vivo closely following in second and third, just 2 percentage points behind.

According to the analysts stronger offline presence helped the …

​ Canalys revealed the smartphone market in India had a year-on-year growth for the first time in five quarters during Q4 2023. Vendors saw a 20% increase in shipments between October and December, helping push sales for the full year to a slight 2% decline compared to 2022.

The total shipments in 2023 were 148.6 million units, 38.9 million of them during Q4.

Samsung kept the top position, but competition remained tight, with Xiaomi and vivo closely following in second and third, just 2 percentage points behind.

According to the analysts stronger offline presence helped the …   Read More GSMArena.com – Latest articles 

You May Also Like

More From Author

+ There are no comments

Add yours