Chinese smartphone company Xiaomi led the Indian smartphone market during the April-June 2022 period despite a 22 percent decline in its sales volume, a Cyber Media Research (CMR) report said on Thursday. Xiaomi stayed on top position with 20 percent market share, followed by Samsung with 18 percent share. The Korean phone maker, however, led the growth in the 5G phone category with 28 percent market share in that segment, according to the report.
CMR report estimates that 5G smartphone shipments grew 7 percent quarter-on-quarter (QoQ) and a stupendous 163 percent year-on-year during the April-June 2022 quarter.
topped the super-premium (Rs. 50,000 — 1,00,000) segment with 78 percent market share with and series contributing the majority of the iPhone shipments during the quarter, the report said.
“Shipments of 5G capable smartphones have been growing robustly over the last few quarters. With the completion of 5G auctions, and anticipated roll-out of 5G services in India shortly, there will be further momentum in 5G smartphone shipments. During the second quarter of 2022, consumer demand ebbed due to the overall macro-economic environment,” Menka Kumari, CMR analyst for Industry Intelligence Group, said in a statement.
In overall smartphone market,shipments grew 22 percent and the company maintained its third spot with 16 percent share. and followed Realme at fourth and fifth spot with 15 and 10 percent market share, respectively.
Chinese feature phone makeroccupied top spot in the feature phone segment with 25 percent market share. It was followed by whose shipments grew by 21 percent, helping the home-grown mobile company to capture 21 percent share in the feature phone category.
occupied third spot in the feature phone market with 11 percent market share despite a dip of 25 percent in shipment volume.
Shipment volume declined by 8 percent and its market share slipped to 10 percent in June quarter from 11 percent in March 2022 quarter, according to the report.
CMR estimates the overall smartphone shipments to touch 174 million mark in the calendar year 2022.
“We anticipate the second half (H2) of 2022 to potentially see some easing of supply-side constraints on the run-up to the festive season.
“With major smartphone brands lining up their flagship launches in H2 2022, consumer demand in the premium smartphone segment will continue to remain robust with strong consumer appetite to switch and upgrade,” said Amit Sharma, CMR analyst for Industry Intelligence Group.