Samsung, Xiaomi top India’s flat-growing smartphone market in Q3 2023
Samsung, Xiaomi top India’s flat-growing smartphone market in Q3 2023
India's smartphone market remained stagnant in Q3 2023, with Samsung and Xiaomi leading the market. However, Apple recorded its highest-ever smartphone shipments in a quarter, driven by the trend of premiumization in the market. Vivo ranked third, followed by Realme and Oppo. OnePlus led the affordable premium segment. Affordable 4G feature phones accounted for 32% of all feature phone shipments. 53% of smartphone shipments were 5G devices, with significant growth in the Rs 10,000 to Rs 15,000 price range and the ultra-premium segment. Foldable smartphones are also gaining popularity.
India's smartphone market remained stagnant in Q3 2023, with Samsung and Xiaomi leading the market. However, Apple recorded its highest-ever smartphone shipments in a quarter, driven by the trend of premiumization in the market. Vivo ranked third, followed by Realme and Oppo. OnePlus led the affordable premium segment. Affordable 4G feature phones accounted for 32% of all feature phone shipments. 53% of smartphone shipments were 5G devices, with significant growth in the Rs 10,000 to Rs 15,000 price range and the ultra-premium segment. Foldable smartphones are also gaining popularity.
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India's smartphone market remained stagnant in Q3 2023, with Samsung and Xiaomi leading the market. However, Apple recorded its highest-ever smartphone shipments in a quarter, driven by the trend of premiumization in the market. Vivo ranked third, followed by Realme and Oppo. OnePlus led the affordable premium segment. Affordable 4G feature phones accounted for 32% of all feature phone shipments. 53% of smartphone shipments were 5G devices, with significant growth in the Rs 10,000 to Rs 15,000 price range and the ultra-premium segment. Foldable smartphones are also gaining popularity. 
