Xiaomi tops Indian smartphone market, Samsung fastest-growing brand: IDC – Latest News

Indian smartphone market has recorded a 54.3 million models cargo within the third quarter of 2020, in keeping with a report by IDC. The report claims that through the quarter, the Indian smartphone market has seen a 17% year-over-year progress and is the one smartphone market within the prime 3 to witness progress, as each the China and US markets declined year-over-year.

As per the report, the market was led by Xiaomi that shipped 13.5 million models in Q3. The highest three fashions nationally from Xiaomi had been Redmi 8A Twin, Redmi 8, and Redmi Note 9 regardless of dealing with provide constraints.

“Xiaomi additionally maintained the lead within the on-line channel with a 35% share, with Poco (sub-brand below Xiaomi) reaching an all-time excessive of multiple million shipments in 3Q20,” added the report.

Samsung, the South Korean tech big, emerged at second slot, nevertheless, the corporate recorded the utmost progress of 38% in Q3. India grew to become Samsung’s largest smartphone market globally, forward of the US on this quarter, claimed the report, accounting for 15% of its world shipments.

“It maintained regular provides by the quarter compared to China-based distributors, clubbed with extra choices in low-end and mid-range value segments. Samsung additionally benefited from the anti-Chinese language sentiments prevailing within the preliminary weeks of the quarter, which quickly vaporized within the latter half. The net channel accounted for 43% of Samsung shipments, witnessing unprecedented progress in 3Q20 with the Galaxy M21 and M31 that includes within the prime 5 on-line fashions nationally,” mentioned the report.

These two corporations had been adopted by three BBK-owned smartphone manufacturers — Vivo, Realme and Oppo — that shipped 9 million models, 8 million models and 6.1 million models respectively within the third quarter.