According to the latest Canalys report, Samsung ranked 2nd in the Indian smartphone market share with a total of 8.1 million shipments, and the market share is counted for 18%. On the other hand, Xiaomi becomes the leader with a total of 9.2 million units of shipment gathering 21% of the market share on its portfolio.
Canalys’s latest report shows that the shipments in India declined by 6% in Q3 2022 compared to the year-ago quarter and the total shipments were 44.6 million units, down from 47.5 million in Q3 2021.
In the thrid place Oppo ranked with 7.1 million units sold and 16% market share in Q3 2022 and in the previous year it shipped 6.2 million units and 13% market share in Q3 2021.
Canalys analyst Sanyam Chaurasia stated:
Entry-level device contribution declined this year, while the mid-to-high segment performed relatively well thanks to aggressive promotions. OPPO’s OnePlus and vivo’s iQOO were the two brands driving mid-range growth in the e-commerce channel during this period. Ultra-premium category smartphones, especially older generation flagships, also experienced strong demand momentum amid price cuts. Samsung offered deep discounts on its older generation Galaxy Z Fold3 and latest Galaxy S22 series in online and offline channels. Similarly, demand for the aggressively discounted iPhone 13 outstripped the latest iPhone 14, whose value proposition is very similar to the former.