India smartphone market grows in Q4 2023: How brands performed
India smartphone market grows in Q4 2023: How brands performed
The Indian smartphone market showed growth in Q4 2023, with a 20% year-on-year increase in shipments of 38.9 million units, according to a report by Canalys. Although the overall smartphone market in India experienced a minor drop of 2% in 2023, it showed resilience in the latter part of the year due to improved consumer confidence. Samsung maintained its lead with a 20% market share, followed by Xiaomi and Vivo. Xiaomi and Realme saw their highest offline shipment share in Q4 2023, contributing to the overall stabilization of the market.
The Indian smartphone market showed growth in Q4 2023, with a 20% year-on-year increase in shipments of 38.9 million units, according to a report by Canalys. Although the overall smartphone market in India experienced a minor drop of 2% in 2023, it showed resilience in the latter part of the year due to improved consumer confidence. Samsung maintained its lead with a 20% market share, followed by Xiaomi and Vivo. Xiaomi and Realme saw their highest offline shipment share in Q4 2023, contributing to the overall stabilization of the market.
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The Indian smartphone market showed growth in Q4 2023, with a 20% year-on-year increase in shipments of 38.9 million units, according to a report by Canalys. Although the overall smartphone market in India experienced a minor drop of 2% in 2023, it showed resilience in the latter part of the year due to improved consumer confidence. Samsung maintained its lead with a 20% market share, followed by Xiaomi and Vivo. Xiaomi and Realme saw their highest offline shipment share in Q4 2023, contributing to the overall stabilization of the market. 
