The share of Apple iPhone in the Indian mobile phone market reached around **** percent as of May 2025. There was a general growth trend in the market share of iPhone over the observed time frame. In this period, it reached its highest market share in February 2025, at **** percent.

In 2023, Apple shipped more than ten million smartphones to India. It was Apple's best year in the country, a significant growth over the previous year. Apple's market share in India stood at 6.4 percent in the same year, in comparison with 4.6 percent in the previous year. iPhone14/13/14 Plus were the most popular models among iPhones.

In 2023, Android held a share of ***** percent of the mobile operating system market in India. This was followed by Apple's iOS, a distant second, with **** percent market share. Android went from just above ** percent in 2012 to more than ** percent within four years. Mobile operating systems in India Android gained its dominant position in the mobile operating system market in India since 2015 when it first reached more than ** percent of the market share. The Indian OS market has seen a rapid transformation since the beginning of 2012 when Symbian held over ** percent of the market. In the following few years, the operating system, which was used in most Nokia smartphones, has seen its market share fall to nothing. Android’s dominance in the Indian smartphone industry is echoed in the global market where the operating system held over ** percent of the smartphone market at the end of 2023. In the United States, however, more than half of the smartphone users had an iPhone as of March 2024. Android’s closest rival in the global operating system market is Apple’s iOS, which held over ** percent of the market share of smartphone shipments as of the fourth quarter of 2023. However, as yet, Apple has not broken into the Indian market, although its market share has grown steadily since the start of 2012, it still remained just below *****percent.

Apple is one of the most influential and recognisable brands in the world, responsible for the rise of the smartphone with the iPhone. Valued at over $2 trillion in 2021, it is also the most valuable...

A survey conducted in India in 2023 found that ** percent of the male adult population had a phone, while only ** percent of the female population did. Among which, the biggest gap was between male and female smartphone owners: while ** percent of Indian adult men had smartphones, only ** percent of Indian adult women did.

The share of Apple iPhone in the Indian mobile phone market reached around 4.1 percent as of June 2024. There was a general growth trend in the market share of iPhone over the observed time frame. In this period, it reached its highest market share in May 2023, at 4.9 percent.

Snapshot img

Smartphone Market Size 2025-2029

The smartphone market size is forecast to increase by USD 99.8 million, at a CAGR of 4.1% between 2024 and 2029.

The market is experiencing significant growth, driven by several key trends. One major factor is the increasing adoption of artificial intelligence (AI) in smartphones, enhancing user experience through features like voice recognition and facial recognition. Sensor fusion technology is another trend, enabling devices to collect and analyze data from various sensors for improved functionality and accuracy. However, ongoing trade wars are posing challenges to market growth, with tariffs and import taxes affecting smartphone sales, particularly in key markets. These trends and challenges are shaping the future of the smartphone industry.

What will be the Size of the Smartphone Market During the Forecast Period?

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The market continues to evolve, driven by advancements in telecom infrastructure and the proliferation of affordable handsets. Mobile phone users increasingly seek devices capable of leveraging 5G network technologies, with chipmakers responding by producing 5G chips for integration into mobile handsets. Android and Windows Phone operating systems dominate the market, while third-party originators challenge the status quo. Improved hardware and software capabilities enable advanced digital functions such as web browsing, music, video, gaming, and camera capability. The integration of artificial intelligence enhances user experience. Governmental assistance and the transition from feature phones to smartphones further fuel market growth. Overall, the market remains dynamic, with a focus on affordable, high-performance devices that cater to the diverse needs of consumers.

How is this Smartphone Industry segmented and which is the largest segment?

The smartphone industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Technology

  Android
  IOS
  Others


Price Range

  Between USD 150-USD 800
  Greater than USD 800
  Less than USD150


Screen Size

  Greater than 6 inches
  Between 5-6 inches
  Less than 5 inches


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France


  North America

    Canada
    US


  Middle East and Africa



  South America

    Brazil

By Technology Insights

The android segment is estimated to witness significant growth during the forecast period.

The Android operating system, provided by Alphabet Inc. (Google), is a globally popular choice for smartphones. With over 2.5 million apps available In the Google Play Store, users have access to a vast selection of applications catering to their diverse needs. Notable features of the Android OS include smart reply for messaging apps, focus mode options, Wi-Fi sharing via QR codes, and Google Assistant. Google offers essential web services such as Google Search, Google Maps, and YouTube free of charge. The Android OS's extensive feature set has contributed to its increasing popularity among consumers worldwide.

In addition, high-speed data connectivity and integration with Internet of Things (IoT) applications further enhance its appeal. Application developers create software for various lifestyle, social media, mobile utility, and other categories, ensuring a rich and diverse app ecosystem. The Android OS is written primarily in Java and C++, with support for in-app purchases and in-app course subscriptions.

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The android segment was valued at USD 203.60 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 48% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC has experienced substantial growth, with China, Japan, India, South Korea, and Indonesia being the primary contributors to revenue generation. The expansion of urban populations and the subsequent increase in disposable income have fueled the demand for smartphones In the region. Key drivers of this market growth include the advancement of telecom infrastructure and the emergence of affordable smartphone options. Major global smartphone manufacturers have established manufacturing facilities in China, Taiwan, South Korea, Japan, and India to cater to the increasing demand.

Additionally, digital information consumption, human-computer interaction advancements, and t

Smart Phone Market Outlook

As of 2023, the global smartphone market had a market size of approximately $714 billion. With a projected compound annual growth rate (CAGR) of 7.1% from 2024 to 2032, the market is anticipated to reach around $1.2 trillion by 2032. The growth of the smartphone market is driven by rapid technological advancements, increasing consumer disposable incomes, and the growing need for connectivity and telecommunication. A surge in demand for advanced features and seamless integration with other smart devices is pushing the market towards new heights, while innovations in hardware and software continue to captivate consumer interest globally.

One of the primary growth factors in the smartphone market is the rapid pace of technological innovation. With each passing year, manufacturers are advancing smartphone capabilities, enhancing operational speed, camera functionalities, and power efficiency. The development of 5G technology is particularly noteworthy, providing faster data speeds and more reliable internet connections, which is expected to boost the sale and usage of smartphones. In addition, features such as foldable screens, augmented reality, and artificial intelligence are being increasingly integrated, making smartphones more versatile and appealing than ever. These innovations are attracting tech-savvy consumers and are a significant contributor to market growth.

Another crucial growth factor is the increasing purchasing power and disposable incomes in emerging economies. As more consumers in regions like Asia-Pacific and Latin America move into the middle class, their ability to purchase higher-end smart devices increases. This shift is accompanied by greater accessibility to financing options, making it easier for consumers to afford smartphones. Furthermore, as smartphones become a necessity for communication, work, education, and entertainment, their demand continues to rise. The proliferation of social media and mobile applications also drives consumers to continuously upgrade their devices to stay connected and engaged with the latest trends.

The expanding ecosystem of mobile applications and services is further enhancing smartphone demand. Smartphones have become central to our daily lives, offering services beyond just communication, such as mobile banking, shopping, gaming, and health tracking. The rise of app ecosystems for various functions increases the utility of smartphones, thereby encouraging consumers to invest in more sophisticated devices. Moreover, platforms that allow for a seamless integration of smartphones with other smart home devices, such as virtual assistants and smart TVs, are becoming more popular. This interconnectedness creates a robust demand cycle as consumers seek the latest technologies to enhance their digital experiences.

Regionally, the Asia-Pacific is a significant driver of the global smartphone market, accounting for the largest share due to the presence of major manufacturers and a vast consumer base. Countries like China, India, and South Korea are key contributors, with China alone contributing to a substantial portion of global smartphone production and consumption. North America and Europe also hold notable shares in the market, driven by high consumer spending capability and early adoption of advanced technologies. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth as telecom infrastructures improve and mobile adoption rates increase. Each region presents unique dynamics that influence the overall market trajectory.

Operating System Analysis

The smartphone market is significantly influenced by the operating systems they run on, with Android and iOS leading the segment. Android, known for its open-source platform, dominates the global market share with a wide variety of devices across multiple price points. Its ability to cater to both budget-friendly and premium segments allows it to reach a diverse consumer base. Android’s flexibility encourages a large developer community to create a plethora of applications, further enhancing user experience and driving demand. The continuous updates from Google ensure that Android remains competitive in terms of security and features, making it a preferred choice for many manufacturers and consumers alike.

iOS, exclusive to Apple's mobile devices, holds a significant share in the high-end segment of the market. Known for its seamless integration across Apple’s ecosystem, robust security features, and a user-friendly interface, iOS appeals to a loyal consumer base willing to invest in premium devices. The c

Snapshot img

Mobile Phone Market Size 2025-2029

The mobile phone market size is forecast to increase by USD 213.9 billion at a CAGR of 6.8% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing adoption of smartphones. According to recent data, sales of mobile phones, particularly smartphones, through e-commerce platforms have surged, indicating a strong consumer demand. This trend is expected to continue as more consumers shift towards online shopping for convenience and accessibility. However, the market faces challenges related to security and privacy concerns with smartphone usage. With the increasing amount of personal data being stored and transmitted through mobile devices, there is a growing need for robust security measures to protect against cyber threats. Companies in the market must prioritize addressing these concerns through innovative solutions and transparent communication with consumers to build trust and maintain market competitiveness. Effective strategies for navigating these challenges include investing in advanced security features, implementing data protection policies, and providing clear and concise information to consumers about their privacy practices. By focusing on these key drivers and challenges, companies can capitalize on market opportunities and position themselves for long-term success in the market.

What will be the Size of the Mobile Phone Market during the forecast period?

Request Free SampleThe market continues to evolve at an unprecedented pace, with technological advancements and shifting consumer preferences shaping its dynamics. Optical and digital zoom capabilities enhance photographic experiences, while artificial intelligence (AI) and machine learning algorithms elevate user experience (UX) through personalized recommendations and seamless interactions. Mobile gaming gains traction, fueled by improved graphics and processing power. Fingerprint sensors and biometric authentication offer enhanced security, and image stabilization ensures crisp, clear images. Mobile hardware innovations, such as high refresh rates, push the boundaries of performance. The integration of AI, biometric authentication, and UX design continues to redefine mobile design, as mobile data, network, and advertising industries adapt to meet evolving consumer demands. Camera technology, mobile payments, app development, and streaming services further expand the market's reach, with augmented reality (AR) and virtual reality (VR) applications poised to revolutionize industries. Mobile marketing and wireless charging solutions cater to the growing need for convenience and connectivity. The mobile landscape remains a dynamic and ever-evolving ecosystem, with continuous innovation and adaptation shaping its future.

How is this Mobile Phone Industry segmented?

The mobile phone industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Distribution ChannelOfflineOnlineTypeSmartphoneFeature phonePrice-RangeBudgetMid-RangePremiumOperating System AndroidiOSOthersGeographyNorth AmericaUSCanadaMexicoEuropeFranceGermanyItalySpainUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.In the dynamic the market, various entities shape consumer behavior and market trends. Social media platforms serve as a powerful tool for mobile marketing, enabling brands to engage with customers and promote their latest offerings. Mobile security remains a top priority, with mobile software providers continuously releasing updates to safeguard against threats. Mobile tariffs vary, offering consumers diverse pricing plans, including pay-as-you-go and monthly subscriptions. Feature phones cater to budget-conscious consumers, while fast charging and long battery life are desirable features for power users. Mobile operating systems, such as Android and iOS, dominate the market, providing a seamless user experience (UX) through mobile design and intuitive mobile apps. Virtual reality (VR) and augmented reality (AR) technologies offer immersive experiences, while optical zoom and digital zoom enhance camera capabilities. Artificial intelligence (AI) and machine learning integrate into mobile hardware, improving functionality and convenience. Biometric authentication, including fingerprint sensors and facial recognition, adds an extra layer of security. Mobile gaming, streaming services, and mobile payments cater to diverse consumer preferences. App development continues to evolve, with mobile advertising and data privacy becoming increasingly important considerations. Mobile service provide

Mobile App Stores Market Outlook

The global mobile app stores market size was estimated at USD 71.7 billion in 2023 and is expected to reach USD 140.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period. This robust growth is driven by the increasing penetration of smartphones and the internet, coupled with the rising adoption of mobile applications across various sectors. The proliferation of app development platforms, coupled with the advancement in technologies such as AI and IoT, further propels the market expansion.

One of the major growth factors for the mobile app stores market is the surge in smartphone usage globally. As of 2023, there are over 6.8 billion smartphone users worldwide, and this number is expected to rise significantly by 2032. This massive user base acts as a primary driver for the mobile app stores market, as more individuals rely on apps for daily activities such as communication, entertainment, and productivity. Additionally, the vast improvements in mobile network infrastructure, including the widespread deployment of 5G, are poised to enhance app performance and usability, thereby boosting market growth.

Another key growth driver is the increasing prevalence of digital transformation initiatives across various industries. Enterprises are increasingly adopting mobile applications to improve customer engagement, streamline operations, and offer personalized services. This trend is particularly noticeable in sectors such as retail, banking, and healthcare, where mobile apps play a critical role in the customer experience. Furthermore, the growing trend of remote work and the use of mobile apps for productivity and collaboration tools have contributed significantly to the market's expansion.

The evolving consumer preferences and the demand for innovative and immersive experiences further propel the mobile app stores market. The popularity of augmented reality (AR) and virtual reality (VR) applications in gaming, education, and healthcare sectors has led to the development of new app categories and the enhancement of existing ones. Moreover, the advent of smart devices, including smartwatches and IoT-enabled gadgets, has opened new avenues for app development, enhancing the overall ecosystem of mobile app stores.

The Mobile And Apps Service industry is experiencing a transformative phase, driven by the rapid advancements in technology and the changing consumer behavior. As mobile devices become more integral to daily life, the demand for comprehensive mobile and apps services has surged. These services encompass a wide range of functionalities, from app development and deployment to maintenance and support, ensuring seamless user experiences across various platforms. Companies are increasingly investing in mobile and apps services to enhance their digital presence and engage with customers more effectively. This trend is particularly evident in sectors like retail, healthcare, and finance, where mobile apps are essential for delivering personalized and convenient services.

Regionally, the Asia Pacific region dominates the mobile app stores market, attributed to the large population base, increasing smartphone penetration, and rapid digitalization in countries like China and India. North America and Europe also hold significant market shares, driven by high disposable incomes, advanced technological infrastructure, and the early adoption of new technologies. Meanwhile, regions like Latin America and the Middle East & Africa are experiencing a gradual increase in market share due to improving internet connectivity and rising smartphone adoption.

Platform Analysis

The mobile app stores market is segmented by platform into iOS, Android, Windows, and others. The Android platform holds the largest market share due to its widespread adoption and open-source nature, making it a preferred choice for app developers. AndroidÂ’s dominance is particularly evident in emerging markets where affordability and accessibility of Android devices drive high user engagement. The Play Store, AndroidÂ’s official app store, boasts millions of apps and billions of downloads, making it a cornerstone of the mobile app ecosystem.

iOS, powered by AppleÂ’s App Store, follows closely and maintains a strong market presence, especially in developed regions like North America and Europe. The iOS platform is known for its premium user base and high

The India smartphone market size was worth around USD 41.31 billion in 2023 and is predicted to grow to around USD 77.23 billion by 2032

The number of Apple iPhone unit sales dramatically increased between 2007 and 2023. Indeed, in 2007, when the iPhone was first introduced, Apple shipped around *** million smartphones. By 2023, this number reached over *** million units. The newest models and iPhone’s lasting popularity Apple has ventured into its 17th smartphone generation with its Phone ** lineup, which, released in September 2023, includes the **, ** Plus, ** Pro and Pro Max. Powered by the A16 bionic chip and running on iOS **, these models present improved displays, cameras, and functionalities. On the one hand, such features come, however, with hefty price tags, namely, an average of ***** U.S. dollars. On the other hand, they contribute to making Apple among the leading smartphone vendors worldwide, along with Samsung and Xiaomi. In the first quarter of 2024, Samsung shipped over ** million smartphones, while Apple recorded shipments of roughly ** million units. Success of Apple’s other products Apart from the iPhone, which is Apple’s most profitable product, Apple is also the inventor of other heavy-weight players in the consumer electronics market. The Mac computer and the iPad, like the iPhone, are both pioneers in their respective markets and have helped popularize the use of PCs and tablets. The iPad is especially successful, having remained as the largest vendor in the tablet market ever since its debut. The hottest new Apple gadget is undoubtedly the Apple Watch, which is a line of smartwatches that has fitness tracking capabilities and can be integrated via iOS with other Apple products and services. The Apple Watch has also been staying ahead of other smart watch vendors since its initial release and secures around ** percent of the market share as of the latest quarter.

Mobile games make up the majority of video games released each year, with thousands of new additions to the Apple App Store and Google Play Store every year. By the mid-2010s, mobile games had...

The new mobile operating system iOS 18 was installed on 68 percent of the Apple devices that accessed the Apple App Store in March 2025, while the older iOS 16 was running on 14 percent of mobile devices and earlier releases on the remaining nine percent. Apple’s smartphone market share Apple held over 18 percent share of the global smartphone sales market in 2024, but historically reports sales share increases during the fourth quarter because of the annual fall release of a new device and the holiday season. Demand for the iPhone 15 and 15 Plus, as well as iPhone 15 Pro and Pro Max led to Apple announcing a sales figures of more than 77 million units sold worldwide in the fourth quarter of 2024. In the first quarter of Apple's 2024 fiscal year, iPhone sales accounted for around 49 percent of Apple's total revenue in the same quarter. The world at your fingertips Apple unveiled the very first iPhone and its supporting operating system (iOS 1) in 2007. It introduced an interface that allowed users to navigate the screen with their fingers, presenting a revolutionary touch keyboard that signaled a paradigm shift in the smartphone market.

Apple claimed a **** percent share of the market in the second quarter of 2024, an increase from the previous quarter. Apple's long time competitor, Samsung, ranked first with a market share of **** percent. Apple and Samsung continue to dominate the smartphone market Apple has been among the top-five smartphone vendors in the world since 2009. With the decline of former market leaders Nokia and RIM, Apple and Samsung were able to grow their presence in the market. As a result of political pressure, tariffs and restrictions imposed by the U.S, Chinese manufacturer Huawei has recently dropped off of the top five list in the smartphone market, while Xiaomi, Oppo, and Transsion have gained ground. Coronavirus (COVD-19) pandemic impact on iPhone sales While the long-term impact of the coronavirus (COVID-19) pandemic on sale is difficult to determine, the immediate impact was quickly visible. While large quarterly fluctuations are normal for Apple’s revenue cycle, one must look back to 2017 to find two consecutive quarters in which Apple generated less than ** billion U.S. dollars in revenue from the iPhone. A less strong performance in the first quarter of 2024, lead by the iPhone 16, gave Apple the ****** spot in terms of quarterly global unit shipments after Samsung, although strong sales in the fourth quarter of every year is a common occurrence with Apple products.

In 2024, the volume of smartphone shipments in India was about *** million, up slightly from about *** million the previous year. The year-on-year change rate was at four percent. 5G smartphone shipments reached *** million in the same year. And the average selling price reached a new peak of *** U.S. dollars. 5G in India Since October 2022, 5G services have been launched in India in 13 cities, including most of the major Indian cities such as Delhi, Mumbai, and Chennai. Reliance Jio, Bharti Airtel, Vodafone Idea, and Adani Data Networks won 5G licenses through auctions for a total of *** trillion Indian rupees. Reliance Jio, the most popular telecom service provider in India with close to ** percent market share, was also one of the first to offer 5G services. Popular smartphones in India The smartphone market in India is incredibly competitive. Some of the most popular smartphone brands in the country were from China, including Xiaomi, Vivo, and Oppo. The market was dominated by medium to lower-priced phones, and models from the premium price category had a hard time increasing their market share. But recently, Apple’s iPhone started to see increased popularity among urban elites, and in 2023, more than ** million units of iPhones were sold in India.

Mobile Phone Platform Market Outlook

The global mobile phone platform market size was estimated at approximately $1.3 trillion in 2023 and is projected to reach an impressive $2.5 trillion by 2032, growing at a compound annual growth rate (CAGR) of 7.4%. A key growth factor driving this market is the rapid technological advancement and the increasing penetration of smartphones across emerging economies. As the number of mobile phone users continues to surge, spurred by the demand for advanced mobile applications, communication, and entertainment services, the market is poised for significant growth over the forecast period.

One of the primary growth factors of the mobile phone platform market is the continuous innovation in mobile technology. As tech companies race to outdo each other, consumers benefit from faster processing speeds, enhanced graphical capabilities, and seamless internet connectivity. The introduction of 5G technology is particularly noteworthy, as it enables faster data transfer rates and more reliable connections, enhancing the overall mobile user experience. These technological advancements not only attract new consumers but also encourage existing users to upgrade their devices, driving the market forward.

The proliferation of mobile applications and services also contributes significantly to market growth. Mobile platforms serve as the backbone for a diverse range of applications, from social media and gaming to financial services and health monitoring. The growing demand for these applications, driven by consumer preference for convenience and connectivity, aligns with the increasing capabilities of mobile platforms, making this sector an exciting frontier for innovation and investment. Furthermore, the inclusion of artificial intelligence and machine learning in mobile platforms for personalized user experiences and enhanced functionalities is set to further propel market growth.

Economic growth in emerging markets, particularly in the Asia Pacific region, plays a crucial role in the expansion of the mobile phone platform market. As disposable incomes rise and connectivity improves, more consumers gain access to mobile technologies. Countries like India and China, with their massive populations and growing tech-savvy demographics, represent enormous opportunities for mobile platform developers. This regional expansion is vital not only for market growth but also for diversifying the market's consumer base, which increasingly relies on mobile technology for everyday activities.

Regionally, the Asia Pacific market is expected to lead the way, driven by the substantial growth in China and India. North America and Europe continue to be crucial markets due to their high smartphone penetration rates and technological advancements. Meanwhile, Latin America and the Middle East & Africa are emerging as potential growth markets, as improvements in economic conditions and infrastructure open new opportunities for market players. Each region presents unique dynamics that contribute to the global market's overall growth trajectory.

Operating System Analysis

The mobile phone platform market by operating system is predominantly dominated by iOS and Android, with Windows and other systems capturing smaller shares. iOS, developed by Apple Inc., is renowned for its seamless integration across Apple devices and its robust ecosystem of applications. The continuous innovation in iOS, focusing on user experience and security, adds to its strong market position. Apple's strategy of premium pricing and targeted marketing also reinforces iOS's standing in the higher-end market segment, appealing particularly to affluent consumers and tech enthusiasts.

Android, on the other hand, developed by Google, is known for its versatility and widespread adoption, particularly in emerging markets. Its open-source nature allows for a broad range of devices at various price points, making it accessible to a larger audience. Android's ability to offer customization and integrate with Google's suite of applications and services makes it a favorite among both consumers and developers. The frequent updates and enhancements in AndroidÂ’s operating system ensure that it remains competitive and relevant in the fast-evolving tech landscape.

Windows Mobile, once a significant player in the mobile OS market, now occupies a niche segment. Despite Microsoft's efforts to revive it, Windows Mobile struggles to compete with the dominant iOS and Android platforms due to the limited availability of applications a

Between January 2022 and the end of June 2023, the keyword "instagram" was the most searched in the Apple App Store among mobile iOS users in India. Social media apps occupied the first positions of the most search queries on the Apple App Store, with messaging app WhatsApp being indexed at 95 points during the examined period. The keyword "bgmi" followed, indicating that users expressed an interest in downloading the Indian version of popular Chinese-developed mobile gaming app PUBG.

In the second quarter of 2024, Xiaomi shipped approximately 6.7 million smartphones in India. It was a significant year-over-year growth at 24 percent. The third quarter of 2020 saw over 13.1 million smartphone shipments, making it the highest for Xiaomi during the presented period. Though a general declining trend could be observed since first quarter of 2019, Xiaomi was still able to maintain its market leading position at 18 percent. Xiaomi’s success in India From the moment Xiaomi launched in 2010, it has never looked back. Since 2016, the annual revenue for the smartphone manufacturer has grown exponentially. India has been no different in this regard. The first Xiaomi smartphone in India was launched in July 2014. Within two years, it gained a considerable market share. This trend has continued making it one of the leading smartphone market players in the country. Understanding the country’s requirements, relocating supply chains within India and investing in the domestic distribution network and research and development were some reasons for this success. Segmentation and variation Xiaomi sells its phones in India under several brands, including Xiaomi, Redmi, and POCO. Especially POCO, it has excelled in the 10,000 to 15,000 Indian rupees segment. However, the highest growth in the smartphone market lately came from the super-premium segment, dominated by Apple iPhones and Samsung Galaxy phones. As of 2023, the average selling price of smartphones in India was around 255 U.S. dollars. It increased almost 100 dollars in comparison with the price in 2020. One of the main contributors to the price increase was the larger 5G distribution. India is one of the leading countries in terms of 5G availability.

According to a pan-India survey conducted in 2024, on smartphones, close to 16 percent of the respondents stated that they owned a smartphone from Samsung. This was closely followed by Vivo, with about 15.7 percent market share. Samsung had a share of over 19 percent in the total smartphone shipments across the globe.