Indian smartphone shipments had been down 5 p.c in the second quarter of 2022 (Q2 2022) as in comparison with the primary quarter of the 12 months (Q1 2022), based on analysis agency Canalys. A complete of 36.4 million smartphones had been shipped in India in Q2 this 12 months. This is the third consecutive quarter of falling shipments in India for the smartphone market. Among the recorded information, Xiaomi retained its prime place by delivery 7 million items, whereas Samsung and Realme took second and third spots with 6.7 and 6.1 million shipments, respectively.
According to the analysis report from Canalys, smartphone shipments in India in the second quarter of this 12 months has declined by 5 p.c in comparability to Q1 this 12 months. The smartphone market witnessed round 36.4 million smartphones in Q2 2022. However, the report additionally mentions that the year-over-year Indian smartphone cargo comparability appears very constructive, and is up by 12 p.c. The motive for this may be the low shipements in the second quarter of 2021 as a result of second COVID wave, as per the report.
Xiaomi, together with sub-brand Poco, maintained its prime place with 7 million smartphone items’ cargo having 19 p.c of market share. It was adopted by Samsung with a detailed 6.7 million items being shipped having 18 p.c market share. Realme managed to stay on the third spot with 6.1 million smartphone shipments with a 17 p.c market share.
Meanwhile, Vivo and Oppo took the fourth and fifth positions with 6 and 5.5 million items’ shipments, respectively. Vivo captured 16 p.c market share, whereas Oppo retained 15 p.c share in Q2 2022, based on the report.
Other smartphone producers offered 5.1 million items taking the remaining 14 p.c of the market share.
Oppo and Vivo stayed related to the Indian market with the launch of their new new K10 mannequin and T1 sequence. Meanwhile, Apple, which is now utilizing India’s PLI scheme to make the iPhone 13 domestically, can help future aggressive pricing.
The report additionally states that the principle motive for the decrease demand in this quarter was excessive inflation ranges which altered shopper spending patterns and demand for smartphones. Chinese manufacturers like Xiaomi, Vivo and Oppo had been additionally underneath scrutiny over tax evasion and cash laundering probes in India.