Xiaomi takes first place in Indian smartphone market sales, vivo and Samsung rank in top three

[Gearbest Technology News]Gearbest noted that in the fourth quarter of 2023, the Indian smartphone market showed a remarkable growth trend. According to TechInsights, India's smartphone shipments increased by 28% year-on-year in the quarter, totaling 38.2 million units. This growth rate is the highest in India's history, highlighting the strong demand for smartphones in the Indian market and its potential for continued growth.

There are multiple factors behind this growth trend. First, the holiday season has played a positive role in promoting the smartphone market. During the holidays, consumers usually have more shopping needs and purchasing power, which drives the growth of smartphone sales. Secondly, the rapid development of 5G technology has also brought new growth points to the Indian smartphone market. With the popularization of 5G networks and the launch of 5G mobile phones, consumers' demand for high-speed, low-latency network experience is also increasing, further driving the prosperity of the smartphone market.

In terms of market share, in the fourth quarter of 2023, Xiaomi, vivo and Samsung occupied the top three positions in the Indian smartphone market respectively. Among them, Xiaomi's market share was 18.8%, vivo's market share was 17.8%, and Samsung's market share was 16.2%. These brands have won wide recognition and trust from consumers with their outstanding product performance, innovative technology and in-depth market layout. In addition, domestic mobile phone manufacturers such as OPPO, realme and Transsion also performed well in the Indian market.

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