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According to a CMR Report, Xiaomi holds a 20% market share in the Indian smartphone market as of Q2 2022. Despite a 22 percent fall in its sales volume, Chinese smartphone manufacturer Xiaomi dominated the Indian smartphone market from April to June 2022, according to a survey published by CyberMedia Research (CMR) on Thursday. Xiaomi remained in first place with a 20% market share, followed by Samsung with an 18% market share. According to the research, the Korean phone manufacturer topped the increase in the 5G phone category with a 28 percent market share.

During the April-June 2022 quarter, 5G smartphone shipments are estimated to have increased by 7 percent quarter-over-quarter (QoQ) and a staggering 163 percent year-over-year. According to the research, Apple dominated the super-premium (Rs. 50,000 – 1,00,000) class with a 78 percent market share, with the iPhone 12 and iPhone 13 series accounting for the majority of iPhone shipments during the quarter. Follow For More Updates at Worldrapiddnews.com

CMR Report

“Deliveries of 5G-capable smartphones have increased significantly during the past few quarters. With the conclusion of 5G auctions and the imminent launch of 5G services in India, 5G smartphone shipments will gain further pace. Consumer demand decreased during the second quarter of 2022 due to the macroeconomic climate, according to a statement by Menka Kumari, a CMR analyst with Industry Intelligence Group.

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Realme’s smartphone shipments increased by 22 percent, and the company maintained its third-place position with a 16 percent market share. Following Realme in fourth and fifth place with 15 and 10 percent market share, respectively, were Vivo and Oppo.

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Itel, a Chinese manufacturer of feature phones, dominated the segment with a 25 percent market share. It was followed by Lava, whose shipments increased by 21%, allowing the indigenous mobile carrier to acquire 21% of the feature phone market.

Xiaomi holds a 20% market share in the Indian

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Despite a decrease of 25% in shipment volume, Samsung maintained third place in the feature phone market with an 11% market share. According to the report, Nokia’s shipping volume decreased by 8%, and its market share dropped from 11% in the March 2022 quarter to 10% in the June 2022 quarter. CMR predicts that smartphone shipments will surpass 174 million in 2022. “We think that the second half (H2) of 2022 could see some easing of supply-side limitations in advance of the holiday season.

“With key smartphone companies planning flagship debuts in the second half of 2022, consumer demand in the premium smartphone market will remain healthy, with strong consumer willingness to switch and upgrade,” said CMR analyst Amit Sharma of Industry Intelligence Group.

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