Xiaomi Retains No. 1 Spot in India as Smartphone Shipments Hit New Record - connorsans1952
According to the latest 'Market Monitor Service' report by Counterpoint Inquiry, Xiaomi retained the peak spot in the Indian smartphone market during Q2, 2022 with a 28 percent marketshare arsenic smartphone shipments in the body politic grew to 37 million units, setting an all-time arcsecond-quarter shipment read.
The report, however, also points out that for the first metre ever, Republic of China's BBK Group, which includes smartphone brands OPPO, Vivo, Realme and OnePlus, became the leading smartphone trafficker in India, capturing a occluded marketshare of 30 percent.
Samsung's shipments declined by 7 per cent YoY, but grew 30 percent QoQ, largely because of the new A-series and M-series devices. Arsenic for Huawei, the trade ban obligatory by the US impacted its India sales as its shipments declined year on yr (YoY), merely the stigmatize continues to stay on in the top-10 list for at present.
In the exchange premiu segment, OnePlus surpassed Samsung to suit the number cardinal player driven by strong demand for its freshly launched OnePlus 7 series while Realme, Asus, OnePlus and Nokia HMD were the fastest growing brands (YoY), said the report.
"Brands which focused on offline channels expanded to online channels with online-undivided serial publication. Similarly, brands which entered the market with online-exclusive series are now expanding their pass on towards offline channel by forming partnerships with key offline retailers. This strategy is working well for completely the leading at-scurf players", Tarun Pathak, Associate Director, Contrast Enquiry, said in a statement.
"As wel, brands are entr ninefold series to target Oregon expand into new product tiers. This is helping them to expand their merchandise portfolio to target multiple invasive segments and also diversify", he aforesaid.
With inputs from IANS
Source: https://beebom.com/xiaomi-retains-no-1-spot-india-smartphone-shipments/
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