The Indian smartphone market witnessed a 3% year-on-year decline in shipments in Q3 2023, but the market is gradually recovering,
The Indian smartphone market witnessed a 3 percent year-on-year decline in shipments in the third quarter of 2023, according to a report by research firm. However, the report also noted that the market is gradually recovering, thanks to improved consumer confidence and the introduction of new products.remained the leading smartphone brand in India in Q3 2023, with a market share of 18 percent. The South Korean company shipped a total of 7.9 million units.
Brands outside the top five like OnePlus, Infinix, Tecno, and Motorola saw impressive growth mainly due to expanding channel presence across India. The entry-level smartphone segment performed the best in terms of shipments in Q3 2023, with new offerings offering 5G connectivity. Premium phones from Samsung and Apple also saw robust growth with attractive offers during the festive sales events.Gizmochina brings you the best of Chinese Tech from emerging smartphone companies, innovative startups, to crazy smart home products and revolutionary technologies.
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