In accordance with the Worldwide Information Company’s (IDC) report, India’s smartphones noticed 146 million smartphones shipped in 2023. In comparison with 2022, that is simply 1% of YoY (year-over-year) progress.
Within the first half of 2023, the smartphone market noticed a cargo decline of 10% over the 2022’s first half, nevertheless, the second half grew by 11% YoY in 2023, compensating the primary half’s decline with fourth quarter registering a progress of 26% YoY with the cargo of 37 million models with new telephone launches in that quarter.
Apple, Samsung and different manufacturers noticed a progress in ASP.
In accordance with the report, Apple, regardless of the very best ASP of $940, shipped 9 million models, whereas Samsung topped the chart with an ASP of $338. Nonetheless, Samsung noticed a 5% decline YoY in 2023 shipments.
Vivo (excluding iQoo) additionally registered a progress of 8percentwithin the ASP of 9% and cargo elevated by 8% in comparison with the 2022.
Right here’s the listing of high 10 smartphone manufacturers with their market share and year-over-year progress
Within the first half of 2023, the smartphone market noticed a cargo decline of 10% over the 2022’s first half, nevertheless, the second half grew by 11% YoY in 2023, compensating the primary half’s decline with fourth quarter registering a progress of 26% YoY with the cargo of 37 million models with new telephone launches in that quarter.
Apple, Samsung and different manufacturers noticed a progress in ASP.
In accordance with the report, Apple, regardless of the very best ASP of $940, shipped 9 million models, whereas Samsung topped the chart with an ASP of $338. Nonetheless, Samsung noticed a 5% decline YoY in 2023 shipments.
Vivo (excluding iQoo) additionally registered a progress of 8percentwithin the ASP of 9% and cargo elevated by 8% in comparison with the 2022.
Right here’s the listing of high 10 smartphone manufacturers with their market share and year-over-year progress
Value segment-wise market share
1. Entry-Stage Section (sub-$100):
- Grew by 12% YoY, reaching a 20% market share, up from 18% a 12 months in the past.
- Xiaomi maintained its lead, with POCO and Samsung securing the 2nd and third positions.
2. Mass price range section ($100<$200):
- Shipments declined total, leading to a drop in market share from 51% to 44% (12% YoY decline).
- Vivo, Realme and Samsung collectively accounted for 53% of shipments on this section.
3. Entry-premium section ($200<$400):
- Remained flat with a 21% market share.
- Vivo and OnePlus performed a major position, contributing virtually 40% of total shipments on this worth section.
4. Mid-premium section ($400<$600):
- Reached a 5% market share, rising by 27% YoY.
- OnePlus led with a 35% share, adopted by Samsung and vivo.
5. Premium section ($600<$800):
- Reached a 3% market share, rising by 23%.
- iPhone 13, Galaxy S23/S23 FE and OnePlus 11 had been main fashions.
- Apple’s share declined, whereas Samsung’s share greater than doubled on this section.
6. Tremendous-premium section ($800+):
- Registered the very best progress of 86%, reaching a 7% market share.
- iPhone 14/13/14 Plus dominated with a 54% share.
- Galaxy S23+/S23/S22+/S23 Extremely adopted with a 22% share.
- Total, Apple led the section with a 68% market share, whereas Samsung held 30%.