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 >
Procore Announces Appointment of Ajei Gopal as Chief Executive Officer
Procore Announces Appointment of Ajei Gopal as Chief Executive Officer
Mar 10, 2026
Transformative Technology Leader to Drive Procore's Next Chapter of Growth and Innovation Company Reaffirms Q3 and FY25 Financial Guidance CARPINTERIA, Calif.--(BUSINESS WIRE)-- Procore Technologies, Inc. ( PCOR ) , the leading global provider of construction management software, today announced the appointment of Ajei Gopal as Chief Executive Officer Designate, and a member of the company’s Board of Directors. Gopal...
A Glimpse Into The Expert Outlook On KLA Through 12 Analysts
A Glimpse Into The Expert Outlook On KLA Through 12 Analysts
Mar 10, 2026
KLA has been analyzed by 12 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 4...
Fathom Holdings Announces Closing of Underwritten Public Offering of Common Stock
Fathom Holdings Announces Closing of Underwritten Public Offering of Common Stock
Mar 10, 2026
CARY, N.C., Sept. 22, 2025 /PRNewswire/ -- Fathom Holdings Inc. ( FTHM ) , a national, technology-driven real estate services platform, today announced the closing of its previously announced underwritten public offering of 3,000,000 shares of its common stock at a price of $2.00 per share. The Company also granted the underwriter of the offering a 45-day option to purchase up...
Market Analysis: Broadcom And Competitors In Semiconductors & Semiconductor Equipment Industry
Market Analysis: Broadcom And Competitors In Semiconductors & Semiconductor Equipment Industry
Mar 10, 2026
In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Broadcom ( AVGO ) in relation to its major competitors in the Semiconductors & Semiconductor Equipment industry. Through a detailed examination of key financial metrics, market standing, and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved