financetom
Technology
financetom
/
Technology
/
India smartphone market reaches all-time high shipment of 42.6 million in FY18, says IDC
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India smartphone market reaches all-time high shipment of 42.6 million in FY18, says IDC
Nov 15, 2018 8:38 PM

Smartphone shipments in India touched an all-time high of 42.6 million units in July-September 2018 quarter, registering an year-on-year growth of 9.1 per cent, according to the research firm IDC. This is the first time when the smartphone market is at par with the feature phone market with each segment contributing 50 percent to the overall mobile phone market, IDC said in a statement.

Xiaomi led the smartphone tally with shipment of 11.7 million units and 27.3 per cent market share, followed by Samsung 9.6 million units (22.6 percent share), vivo 4.5 million units (10.5 percent share), Micromax 2.9 million units (6.9 percent share) and Oppo 2.9 million units (6.7 percent share).

"With the duty hikes in place and the dollar fluctuation, smartphone vendors are expected to raise prices of devices in the coming months rather than absorbing the cost or clocking it under cash backs and financing schemes etc," IDC India Associate Research Director Client Devices and IPDS Navkendar Singh said.

Moreover, offerings like AI, full-screen displays with notches, and higher memory configurations are expected to drive volumes from low to mid-range devices, carving out an affordable premium segment, especially for the upgrades, Singh added.

In the $400 and above segment (premium category), OnePlus clocked its highest ever shipment in a quarter and surpassed Samsung and Apple in terms of shipment in the said quarter.

"With the onset of festive season, shipments in Q3'18 were primarily driven by the e-tailer channel in preparation for the multiple sale events in the run-up to the Diwali festival," IDC India Associate Research Manager Channel Research Upasana Joshi said.

Additionally, strong online exclusive portfolios driven by brands like Xiaomi, Honor, Realme, Asus, OnePlus, etc. resulted in quarter-on-quarter (QoQ) growth of 37 per cent, taking the online share to 39 per cent in the third quarter of 2018, she added.

The offline segment registered a slower annual growth of 6.6 per cent in the September 2018 quarter, IDC said.

With 2.1 per cent y-o-y growth, the feature phone market registered shipments of 43.1 million units in the September 2018 quarter.

First Published:Nov 16, 2018 5:38 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nirmata Launches AI Platform Engineer to Automate Cloud-Native Infrastructure Governance and Management
Nirmata Launches AI Platform Engineer to Automate Cloud-Native Infrastructure Governance and Management
Nov 6, 2025
AI-driven solution delivers enterprise Kubernetes management with automated policy-as-code for security, compliance, and governance SAN JOSE, Calif., Nov. 6, 2025 /PRNewswire/ -- Nirmata, creator of  Kyverno and leader in policy-as-code innovation, today announced the general availability of its AI Platform Engineering Assistant, an AI-powered solution that automates Kubernetes security, compliance, and workflow management across Kubernetes, Infrastructure as Code (IaC), and...
Fathom Holdings Launches Real Results Lead Program
Fathom Holdings Launches Real Results Lead Program
Nov 6, 2025
New Initiative Designed to Shorten Sales Cycles and Provide Agents with Qualified, Vetted Leads CARY, N.C., Nov. 6, 2025 /PRNewswire/ -- Fathom Holdings Inc. ( FTHM ) , a national, technology-driven real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings, today announced the launch of its Real Results lead program. Real Results is a lead generation and...
Cority set to launch its artificial intelligence suite at new global event
Cority set to launch its artificial intelligence suite at new global event
Nov 6, 2025
TORONTO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Cority, a global leader in EHS and sustainability software, today announced plans to unveil a wave of new AI capabilities at its upcoming virtual launch event, Converge Studio, on Thursday, December 4th. The announcement comes at a pivotal moment for EHS+ professionals. Artificial intelligence is beginning to open new opportunities to be more...
zSpace Expands Global Footprint with AI-Powered Inspire 2 AR/VR Laptop Launch at GESS Dubai 2025
zSpace Expands Global Footprint with AI-Powered Inspire 2 AR/VR Laptop Launch at GESS Dubai 2025
Nov 6, 2025
SAN JOSE, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- zSpace, Inc. ( ZSPC ) , a global leader in immersive augmented (AR) solutions for education, today announced the international availability of the zSpace Inspire 2 Laptop at the GESS Dubai 2025 Conference, taking place November 11–13 at the Dubai World Trade Centre. The company will highlight its latest immersive learning...
Copyright 2023-2026 - www.financetom.com All Rights Reserved