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 >
Clearwave Fiber Celebrates Launch of Network in Bay County with Ribbon Cutting
Clearwave Fiber Celebrates Launch of Network in Bay County with Ribbon Cutting
Apr 23, 2026
BAY COUNTY, Fla., April 23, 2026 (GLOBE NEWSWIRE) -- Clearwave Fiber celebrated a major milestone in its Bay County network expansion with a ceremonial ribbon cutting marking the launch of its 100% Fiber Internet service last week. The first residential customers’ high-speed Internet is being turned on in the coming weeks in Lynn Haven. The event included a donation to...
Former McKinsey Consultant Launches Recalibrate AI, an
Former McKinsey Consultant Launches Recalibrate AI, an "Identity Platform" for Leaders Navigating AI Disruption
Apr 23, 2026
The startup introduces a new category, Identity Strategy, targeting a growing gap between enterprise AI adoption and leadership performance PHOENIX, April 23, 2026 /PRNewswire/ -- Recalibrate AI, a Phoenix-based startup founded by former McKinsey consultant Liana Habicht, today announced the launch of its private beta platform designed to help executives adapt to rapid AI-driven change by evolving how they think, decide,...
Green Hills Software Congratulates NASA and Lockheed Martin on the Successful First Crewed Flight of the Orion Spacecraft
Green Hills Software Congratulates NASA and Lockheed Martin on the Successful First Crewed Flight of the Orion Spacecraft
Apr 23, 2026
SANTA BARBARA, Calif.--(BUSINESS WIRE)-- Green Hills Software congratulates NASA and Lockheed Martin on the successful first crewed flight of the Orion spacecraft, which runs the INTEGRITY®-178 real-time operating system (RTOS) on the most critical systems. NASA's historic Artemis II mission tested Orion’s life support systems, manual piloting capabilities, and thermal protection during its 10-day crewed mission around the Moon. These...
StepStone Group Closes Second Credit Opportunities Fund
StepStone Group Closes Second Credit Opportunities Fund
Apr 23, 2026
NEW YORK, April 23, 2026 (GLOBE NEWSWIRE) -- StepStone Group Inc. ( STEP ) , a global private markets investment firm, today announced the final closing of StepStone Credit Opportunities Fund II (“SCOF II” or the “Fund”), with over $1.58 billion in commitments, exceeding its target of $750 million. The Fund held its final close on March 31, 2026. Through...
Copyright 2023-2026 - www.financetom.com All Rights Reserved