5G smartphone shipments in India grew to 30 per cent (year-on-year) in Q3 2022, whereas smartphone shipments declined 12 per cent (year-on-year), and on a quarter-on-quarter foundation, smartphone shipments recorded a 16 per cent development, a report stated on Wednesday.
In keeping with CMR, the general cellular market witnessed a 16 per cent (year-on-year) decline in Q3 2022.
“On the again of the latest 5G auctions, shipments of 5G smartphones continued to achieve momentum in the course of the quarter. Pushed by the festive season gross sales, client urge for food for 5G, worth for cash and premium smartphones noticed robust development,” stated Menka Kumari, Analyst – Business Intelligence Group, CyberMedia Analysis (CMR).
Samsung led the general India Cellular Market with a 19 per cent share, whereas Xiaomi led the smartphone market with a 22 per cent share.
Shopper demand was robust within the value-for-money smartphone section (Rs 7,000-Rs 25,000), with 79 per cent of smartphones shipped on this value section in Q3 2022, based on the report.
Nevertheless, the premium smartphone section (Rs 25,000-Rs 50,000) and the super-premium smartphone section (Rs 50,000-Rs 1,00,000) noticed shipments growing by 9 per cent and 39 per cent (year-on-year), respectively.
The general characteristic cellphone section continued to say no, reflecting the present macroeconomic surroundings and weak client sentiment, stated the report. Each 2G and 4G characteristic cellphone segments declined by 21 per cent and 58 per cent (year-on-year), respectively.
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