India Monthly Smartphone Market Analysis 2022 Oct

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Dec 2, 2022

Overview:

India’s smartphone shipments declined 27% YoY to reach over 14 million units in Oct. The YoY decline, which is the first ever for a festive season month was attributed to lower-than-expected sell-out and brands sitting on inventory even post online sales.

Chinese brands share declined to 70% in Oct 2022 due to higher shipments from Samsung and Apple. The top five smartphone brands contributed 71% share in the overall shipments in Oct 2022. India’s smartphone market ASP (average selling price) grew 27% YoY. The Ultra-premium price band ($650+) share hit double digits for the first time ever.

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Category

Industry

Smartphone

Report Type

Report

Summary

Published

Dec 2, 2022

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