Xiaomi DOMINATES early 2022 however Samsung was THIS shut

Xiaomi dominated the Indian smartphone market in Q1 2022 however Samsung was nearly reaching nearer. Here are all the main points.

Xiaomi dominates the Indian smartphone market in early 2022! Based on a contemporary analysis, Xiaomi has dominated the smartphone market within the first quarter of 2022 with a share of 23 %. However, it’s no extra the dominant pressure it as soon as was a couple of years in the past. Samsung was at an in depth second spot with a share of 20 %, whereas realme now sits within the third place with a share of 16 %. Vivo comes subsequent with a market share of 15 % whereas Oppo roundup the highest 5 with a share of 9 %. All the opposite manufacturers seize a share of 17 %.

However, the Counterpoint Research stories that the general smartphone market declined by a 16 % YoY within the first quarter of 2022. Moreover, the characteristic telephone market has additionally seen a decline of 39 % YoY. “Supply issues, high inventory levels and softening of consumer demand due to high inflation were the major reasons for this decline. itel led the feature phone market in Q1 2022 with a 21 percent share. itel has been the top feature phone brand for nine consecutive quarters,” says the report.

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Xiaomi dominates Indian smartphone area

Xiaomi dominated the Q1 2022 however its share declined by 13 % YoY. “Multiple launches with 5G, aggressive promotions at regular intervals and revamping of the Note series worked in Xiaomi’s favour,” mentioned the report. Note that this share additionally included Poco shares. Samsung was on the second spot in Q1 2022 with a 1 % YoY decline. With the launch of the newest Galaxy S22 sequence in addition to the up to date Galaxy A sequence and M sequence units, Samsung additionally maintained its lead within the inexpensive premium phase (Rs. 30,000-Rs. 45,000 ~ $400-$600).

Applein the meantime, grew 5 % YoY within the Q1 2022. Apple remained the top-selling model within the premium phase (over Rs. 30,000), with aggressive provides on the iPhone 13 and iPhone 12 serving to the rising share.

“High growth in the upper-tier and premium segments increased the market retail ASP to its highest ever with a 15 percent YoY growth. All the price bands above Rs. 15,000 registered double-digit growth,” says the report.

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