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India’s mobile phone market share will decrease by 2% in 2020 From IDC

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According to reports, India has always been the hottest smartphone market outside China. Recently, IDC, an American technology market research company, released its 2020 report on India’s smartphone market. The market shrank slightly, with two giants, Xiaomi and Samsung occupying the top two positions.

The IDC report shows that in 2020, the mobile phone market in India had shrunk by 2% and sales volume was 149 million 700 thousand due to COVID-19’s influence.

The top five companies include four Chinese brands, and non Chinese Samsung Electronics ranks second.

Xiaomi won 27% of India’s smartphone market last year, ranking first. But sales of Xiaomi’s phones fell 6% to 41 million. IDC report pointed out that the sales leader of Xiaomi was Hongmi 8 with low price. In the second half of the year, the mobile phone momentum was replaced by Hongmi 9 series.

Samsung sold 29.7 million smartphones in India last year, a 4% drop in sales and a 20% market share. IDC commented that Samsung’s sales mainly came from the galaxy M series and the newly released Galaxy F series. In addition, Samsung’s online sales increased 65% year on year last year, while its offline sales dropped 28%.

Chinese brand vivo ranked third with 18% share. Its sales soared 12% year-on-year to 26.7 million units.

Another Chinese brand, realme, ranked fourth, with a 13% share and 19.2 million units sold, up 19% year-on-year.

IDC reported that in the second half of last year, India’s smartphone market rebounded and is expected to usher in strong growth in 2021. In the fourth quarter of last year, India sold 45 million smartphones, up 21% year on year. Samsung’s sales soared 35% in the fourth quarter, with 7.7 million units sold.

The report predicts that the growth rate of India’s smartphone market this year will be between 5% and 9%, and the sales power will mainly come from the demand for medium end mobile phone replacement and the affordable 5g mobile phone. In addition, offline channel sales will also recover.

More reading: IDC: Q2 in 2017, India’s high-end mobile phone market share, apple only ranked second IDC: Q2 in 2014, India’s functional mobile phone shipment accounted for 71% Huge growth potential of smart phones IDC: in Q2 of 2015, the proportion of Chinese brands in India’s smart phone market increased by 300% compared with the same period last year IDC: in Q1 of 2018, the sales volume of India’s smart phone market reached 30 million counterpoint: high end smart phone market report of India in 2018 IDC: it is estimated that the global shipment of smart phones will be 1.2 billion in 2020 Year on year decline 11.9% IDC: Global Android & IOS smartphone share reached 96.4% in Q2 of 2014 IDC: Global smartphone shipment decreased 22% in Q1 of 2014 IDC: users who purchase Windows Phone preferred system IDC: it is estimated that China’s smartphone shipment will decline 6.3% in 2018 IDC: China’s smartphone shipment will reach 86.4 million in Q4 of 2020 IDC: in Q1 of 2017, Apple’s global smartphone market grew only 0.8% on a year-on-year basis IDC: in Q2 of 2018, China’s smartphone market shipped 105 million units, down 5.9% on a year-on-year basis IDC: in 2017, India’s Q3 Xiaomi mobile phone shipped 9.2 million units, becoming India’s largest Smartphone brand IDC: Huawei is expected to surpass apple in the smartphone market in 2017

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