Counterpoint Analysis exposed attention-grabbing insights into the Indian smartphone marketplace for 2024. The findings point out that Samsung dropped from its main place within the Asian nation, now rating 3rd. Vivo accounted for 19% of general shipments, whilst Xiaomi adopted carefully with 17%.
Apple maintained its place because the marketplace percentage chief, because it did in 2023. The iPhone 15 was once probably the most shipped instrument in This fall 2024, reinforcing the corporate’s dominance on this space.
In 2024, wholesale earnings rose by means of 9%, even supposing shipments simplest greater by means of 1%, totaling 153 million devices.
vivo secured the main place because of a powerful offline community, additional supported by means of its sub-brand iQOO. Xiaomi surpassed Samsung for the reason that Korean corporate followed value-driven methods, in keeping with Analysis Analyst Shubham Singh. This means ended in a decline in gross sales for inexpensive units, even supposing the Galaxy S sequence endured to accomplish neatly.
In 2024, Not anything emerged because the fastest-growing model, boasting a outstanding 577% enlargement, pushed basically by means of Telephone (2a) gross sales and the release of the CMF sub-brand. Moreover, 5G smartphone shipments accounted for 78%, which means that 3 out of each 4 telephones have been appropriate with 5G.
Whilst smartphone producers are in fierce pageant, chipset makers enjoy a distinct dynamic. MediaTek has outperformed Qualcomm, preserving a 52% marketplace percentage in comparison to Qualcomm’s 25%, marking a report top for the Taiwanese corporate.
Within the function telephone class for 2024, itel will be the chief with a 32% marketplace percentage.
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