Among e-commerce platforms, Flipkart leads the market with 54% share, Mi.com climbed to 14% share while Amazon dominated the premium smartphone segment with 77% market share, thanks to OnePlus.
New Delhi, Hong Kong, Seoul, London, Beijing, San Diego, Buenos Aires –
June 15th, 2018
According to the latest research from Counterpoint’s Market Monitor service, E-commerce channels captured a record 38% share of the total smartphone channels during Q1 2018, driven by exclusive online launches and strong promotions during the latter part of the quarter.
Commenting on the research findings, Karn Chauhan, Research Analyst at Counterpoint Research said, “The E-commerce segment grew faster than the offline segment during Q1 2018. While the smartphone shipments in offline segment declined by 3%, online segment grew by 4% YoY. This is driven by the increase in the number of models launching on online platforms coupled with aggressive offers. Additionally, smartphone brands have now adopted a multichannel strategy instead of relying on a single channel for distribution of their products and this has increased the competition over the past few quarters.”
Commenting on the competitive landscape, Tarun Pathak, Associate Director at Counterpoint Research said, “India still has one of the lowest percentage of users who are connected to the Internet and shop online. This trend is changing rapidly as 4G data consumption has increased and more users beyond metro cities are geared up to browse and shop online. Hence, in an effort to target first time shoppers, both Flipkart and Amazon have scaled up their operations in recent quarters, especially in the smartphone segment which is a major value driving category for these platforms.”
Exhibit 1: India Online Smartphone Shipment Market Share by Platforms Q1 2018
Source: Counterpoint Research Market Monitor Q1 2018
Market Summary:
Exhibit 2: India Online Best-Selling Smartphones Share Q1 2018
Source: Counterpoint Research Market Monitor Q1 2018
The comprehensive and in-depth Q1 2018 Market Monitor is available for subscribing clients. Please feel free to contact us at [email protected] for further questions regarding our in-depth latest research, insights or press enquiries.
The Market Monitor research is based on sell-in (shipments) estimates based on vendor’s IR results, vendor polling triangulated with sell-through (sales), supply chain checks and secondary research.
Analyst Contacts:
Tarun Pathak
+91 9971213665
[email protected]
Karn Chauhan
+91 9816455600
[email protected]
Shobhit Srivastava
+91 9000831117
[email protected]
Follow Counterpoint Research
press(at)counterpointresearch.com