The smartphone market in India has crossed 30 million unit shipments
According to the recent report by International Data Corporation, the smartphone market in India has crossed 30 million unit shipments for the first time in Q3 2016. The year on year growth is reported at 11 percent. The quarterly shipment increased to 32.3 million units that mean a 17.5 percent growth as compared to previous quarter. Thanks to the launch of Reliance Jio network the shipments of 4G enabled smartphones notably increased by 24.8 percent.
Alternatively, the overall phone shipment was recorded at 72.3 million units with a quarterly increase of 18.2 percent. As expected the market of featured phone continues to decline by 12.4 percent when compared to the previous year.
Among the smartphone, Samsung bagged the top spot with 23 percent share of the total shipments and a quarterly growth of 8 percent and a year-on-year growth of 9.7 percent. Next on the list, was Lenovo along with Motorola with 9.6 percent share with a massive growth of 46.1 percent.
At the third place rested Micromax with a 7.5 percent total shipment share. Micromax indeed witnessed a decline of 32 percent when compared to the previous year. Xiaomi followed Micromax with 7.4 percent total market share. Interestingly so, Chinese manufacturer grew about 2.5 times when compared to the shipment of the last year.
Surprisingly the newly launched Reliance Jio bagged the fifth position although it has witnessed 20.9 percent decline when compared to last quarter. The third quarter witnessed Jio’s commercial launch which increased the demand for Lyf brand handsets. Thus, Reliance Jio managed to make its way to the fifth position of the top list vendors in terms of, smartphone shipments. Intex, Lava, and Karbonn are some other smartphone manufacturers who managed to get a small spot on this list.