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 >
Bitcoin (BTCUSD) attempts to offload its overbought condition -Analysis-26-06-2025
Bitcoin (BTCUSD) attempts to offload its overbought condition -Analysis-26-06-2025
Jun 25, 2025
The price of Bitcoin (BTCUSD) fluctuated in its recent intraday trading, and it is attempting to gain a positive momentum that assists it to rally in a new strong bullish wave, taking advantage of its exit from minor bearish channels range that was confining its trading on the short-term basis. On the other hand, the price is under technical press,...
US seeks extradition of alleged hacker arrested in France
US seeks extradition of alleged hacker arrested in France
Jun 25, 2025
(Reuters) -U.S. prosecutors have charged a British national with data theft and related cybercrime offences, and are seeking to extradite the alleged hacker from France, the U.S. Justice Department said on Wednesday. Kai West, who was arrested in France in February, was part of a wider group of hackers who were active selling or giving away stolen data on a...
Crude oil trades in tight sideways range -Analysis-26-06-2025
Crude oil trades in tight sideways range -Analysis-26-06-2025
Jun 25, 2025
The (crude oil) fluctuated in its last intraday trading, where it moved in tight sideways range, affected by a limited positive momentum due to its lean to main bullish trend line on the short-term basis, providing some technical support in the current time. On the other hand, this sharp decline still affects trading, showing clear dominance for the selling powers,...
Gold price is under negative pressure -Analysis-26-06-2025
Gold price is under negative pressure -Analysis-26-06-2025
Jun 25, 2025
The (Gold) price declined in its last intraday trading, after recording cautious gains in the previous sessions supported by the emergence of the positive signals on the (RSI), despite its stability in exaggerated overbought levels compared by the price move. Despite this temporary technical support, the price remains suffering from clear negative pressure, due to its stability below EMA50, and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved