Connect with us

Trends

Smartphone exports up 82% y-o-y in Q2 2021

India’s smartphone shipments grew 82 per cent year-on-year (YoY) to succeed in over 33 million models within the second quarter of 2021 with Chinese language manufacturers holding a 79 per cent share, in accordance with the newest analysis from Counterpoint’s Market Monitor service.

The market, nevertheless, declined 14 per cent sequentially as a result of affect of the second wave of Covid-19, although not as badly as anticipated.

“Smartphone shipments witnessed low volumes throughout April and Might. Nevertheless, the market noticed a pent-up demand in June as restrictions had been lifted and shops began to reopen,” stated Senior Analysis Analyst Prachir Singh. “Offline-centric manufacturers had been extra affected throughout April and Might as customers had been preferring on-line channels for purchases. Manufacturers like Xiaomi and Realme had been in a position to preserve excessive volumes leveraging their higher on-line attain. Because of the a number of use-cases and functionalities, the smartphone has turn out to be an integral a part of day by day life and a necessity. The pent-up demand witnessed in June is a testomony to that,” added Singh.

High gamers
As for the highest gamers within the smartphone market, Xiaomi was main with a 28.4 per cent market share, adopted by Samsung with 17.7 per cent, Vivo was third with 15.1 per cent, Realme with 14.6 per cent and Oppo with 10.4 per cent.

Analysis Analyst Monika Sharma stated: “Chinese language manufacturers held a 79 per cent share”. This was from 75 per cent in Q1 2021, ended March. “The Redmi 9 sequence, in addition to the Redmi Observe 10 sequence, drove the shipments for Xiaomi whereas online-heavy Galaxy M-series and F-series drove the shipments for Samsung,” stated Sharma. The Hindu BusinessLine

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!