Realme becomes a Top 5 smartphone brand.
Refreshed A series helps Samsung retain top spot.
New Delhi, Hong Kong, Seoul, London, Beijing, San Diego, Buenos Aires –
Aug 7th, 2019
Smartphone sales in Indonesia grew 6% year-on-year (YoY) during Q2 2019 driven by the promotions during the festive season of Ramadan both in the online and offline segment, according to the latest research from Counterpoint’s Market Monitor service.
Commenting on the results, Research Analyst, Parv Sharma, said, “Chinese brands are the reason for the growth of the smartphone market in Indonesia. Four out of the top five brands are now Chinese. Their combined market share is more than 55%. Realme, launched in Q4 2018, showed impressive growth with an aggressive pricing strategy. In three quarters, it has captured an 8% market share, thereby becoming the number five brand by volume. Realme’s leaner portfolio with aggressive online focus and value for money proposition has helped it gain market share. However, it is also looking to expand in the offline segment to grow further.”
On the distribution landscape, Associate Director, Tarun Pathak said, “Samsung continues to lead the smartphone market with a 27% share. The Refreshed A series has driven sales for the brand with key models like Galaxy A50 and A10. Further, the strong offline presence has helped it maintain a dominant position in the market. Local brands are continuously losing share to global and Chinese brands. This has led to the market being concentrated at the top with the top five brands now capturing 82% of the market. Advan was the only local smartphone brand in the top 10 list by market share, coming in at the seventh position.”
Exhibit 1: Indonesia Smartphone Sales Market Share – Q2 2019
Source: Counterpoint Research Market Pulse Q2 2019
Market Summary:
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