India Smartphone Market Slumps 20% YoY in Q3, Sub-INR 20,000 Shipments Nearly Halve
India’s smartphone shipments declined 20% YoY in Q3 2026, as higher device prices weighed on consumer demand.
Oct 23, 2026
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India’s smartphone shipments declined 20% YoY in Q3 2026, as higher device prices weighed on consumer demand.
Oct 23, 2026
Overview: Counterpoint's monthly Inventory Tracker analyzes the global handset inventory situation of OEMs by comparing sell-in vs sell-through globally and by key regions (China, India; More regions available on request). It provides details on the monthly handset and smartphone sales, shipments, lifetime inventory, ratio of sell-in and sell-through, along with the inventory of new products to help understand the key trends across OEMs and key regions, in spreadsheet format. Each edition also carries the month's Market Pulse global market analysis and brand commentary alongside the data.
Oct 22, 2026

India’s smartphone shipments declined 20% YoY in Q3 2026, as higher device prices weighed on consumer demand.
Oct 23, 2026
Overview: Counterpoint's monthly Inventory Tracker analyzes the global handset inventory situation of OEMs by comparing sell-in vs sell-through globally and by key regions (China, India; More regions available on request). It provides details on the monthly handset and smartphone sales, shipments, lifetime inventory, ratio of sell-in and sell-through, along with the inventory of new products to help understand the key trends across OEMs and key regions, in spreadsheet format. Each edition also carries the month's Market Pulse global market analysis and brand commentary alongside the data.
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Vice President of Research
Peter Richardson

Vice President of Research
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Tarun Pathak

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Tarun Pathak

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Ethan Qi

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Ethan Qi

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Sujeong Lim

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Sujeong Lim

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Jan Stryjak

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Jan Stryjak

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Liz Lee

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Liz Lee

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Claudia Krehl

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Claudia Krehl

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Gunnar Thoreson

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Gunnar Thoreson

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Gerrit Schneemann

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Gerrit Schneemann

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Ivan Lam

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Ivan Lam

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Emily Herbert

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Emily Herbert

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Karn Chauhan

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Karn Chauhan

Senior Analyst
Minsoo Kang

Senior Analyst
Minsoo Kang

Senior Analyst
Parv Sharma

Senior Analyst
Parv Sharma

Senior Analyst
Shenghao Bai

Senior Analyst
Shenghao Bai

Senior Analyst
Shilpi Jain

Senior Analyst
Shilpi Jain

Senior Analyst
Harshit Rastogi

Senior Analyst
Harshit Rastogi

Principal Analyst
Yang Wang

Principal Analyst
Yang Wang

Vice President of Research
Peter Richardson

Vice President of Research
Peter Richardson

Research Director
Tarun Pathak

Research Director
Tarun Pathak

Associate Director
Ethan Qi

Associate Director
Ethan Qi

Associate Director
Sujeong Lim

Associate Director
Sujeong Lim

Associate Director
Jan Stryjak

Associate Director
Jan Stryjak

Associate Director
Liz Lee

Associate Director
Liz Lee

Associate Director
Claudia Krehl

Associate Director
Claudia Krehl

Associate Director
Gunnar Thoreson

Associate Director
Gunnar Thoreson

Principal Analyst
Gerrit Schneemann

Principal Analyst
Gerrit Schneemann

Senior Analyst
Ivan Lam

Senior Analyst
Ivan Lam

Senior Analyst
Emily Herbert

Senior Analyst
Emily Herbert

Senior Analyst
Karn Chauhan

Senior Analyst
Karn Chauhan

Senior Analyst
Minsoo Kang

Senior Analyst
Minsoo Kang

Senior Analyst
Parv Sharma

Senior Analyst
Parv Sharma

Senior Analyst
Shenghao Bai

Senior Analyst
Shenghao Bai

Senior Analyst
Shilpi Jain

Senior Analyst
Shilpi Jain

Senior Analyst
Harshit Rastogi

Senior Analyst
Harshit Rastogi

Principal Analyst
Yang Wang

Principal Analyst
Yang Wang