The Indian smartphone market grew by 5% in 2024, totaling 155.9 million shipments for the calendar yr. The newest report from Canalys reveals that vivo was India’s main smartphone model for 2024 when it comes to shipments with 29.5 million items and a 19% market share. Xiaomi (together with Poco) adopted up in second place with an estimated 26.6 million shipments and a 17% market share, whereas Samsung got here in third place with 25.7 million shipments and a 16% market share.
Indian smartphone shipments (full-year 2024)
Oppo (together with OnePlus) managed 18.3 million shipments and gained a 12% market share whereas Realme and its 16.6 million shipments and 11% market share rounded out the top-five manufacturers. As per Canalys analysts, customers had been pushed to improve their units in massive to the refresh cycle from the pandemic and 5G upgrades. Manufacturers had been confronted with inventory pile-ups through the festive season, prompting heavy reductions in direction of the yr’s finish.
The report additionally outlined tendencies in whole shipments for This fall, 2024, which noticed a modest year-over-year decline of 4% from the earlier yr. The order of the top-four manufacturers by shipments and market share was the identical as on the yearly foundation, with the one exception being Apple, which climbed to the fifth spot.
Cupertino managed 4 million shipments in This fall and snagged an 11% market share, inserting it on par with Oppo. Apple skilled a 39% annual progress pushed largely by promotions and reductions through the festive seasons and iPhone releases.
Indian smartphone shipments (This fall 2024)
Trying forward, Canalys predicts single-digit progress in 2025 with sturdy demand for units within the $100-$200 vary and fewer curiosity within the sub-$100 vary and premium segments.
