India’s Smartphone Market To Exit 2021 With A Low Single-digit Annual Growth

India’s Smartphone Market to Exit 2021 With a Low Single-digit Annual Growth

New Delhi : , Nov 12, 2012: India’s smartphone market experienced a 12 percent year-over-year decline in the 3Q21 (Jul-21 Sep) quarter, shipping 48,000,000 units, after four consecutive quarters with growth.A new report was released on Friday.

 India’s Smartphone Market To Exit 2021 With A Low Single-digit Annual Grow-TeluguStop.com

New Delhi, November 12 : India’s smartphone market saw a 12 per cent year-overyear drop in sales of 48 million units during 3Q21 (Jul-19 Sep), a report released Friday.This follows four quarters of steady growth.
According to the International Data Corporation’s (IDC), compared to 3Q19, 3Q21 grew by 3 per cent as channels stocked up for the Diwali quarter amid the supply shortages.AThe International Data Corporation (IDC) reported that 3Q21 saw a 3 percent increase in 3Q19 as supply shortfalls caused by channels stocking up on Diwali quarter.

International Data Corporation (IDC), 3Q21’s growth was 3 percentage points higher than 3Q19.This is because channels stockpiled for Diwali quarter amid supply shortages.

“The first nine months of the year (Jan-Sep’21) already shipped 120 million units, with 1H21 clocking 42 per cent YoY growth.The first nine months (Jan-Sep 21) have already seen 120 million units shipped, while 1H21 saw a 42 percent YoY increase.”The year’s first nine months (Jan-21st 21) has already sold 120 million units.1H21’s YoY growth was 42 per cent.Due to supply challenges, 4Q21 is expected to see a decline, resulting inannual shipments below 160 million in 2021.4Q21 will see an expected decline due to shortages, with annual shipments falling below 160 million by 2021.4Q21, due to supply problems, is likely to experience a decrease, which will result in annual shipments below 160 millions in 2021.The first half of 2022 will remain challenging, with some easing out expected in the latter half of 2022,” Navkendar Singh, Research Director, Client Devices and IPDS, IDC India said in a statement.”The first half 2022 will continue to be challenging.Some easing out is expected in the second half 2022,” Navkendar Sing, IDC India’s Research Director for Client Devices, and IPDS said in a statement.In a statement, Navkendar Singh (Research Director, Client Devices & IPDS), IDC India stated that the first half of 2022 would remain difficult, but some easing off is possible in 2022.”

Xiaomi continued to lead but shipments declined by 17 per cent YoY.While Xiaomi remained the leader, shipments fell by 17% YoY.Although Xiaomi maintained its lead, YoY shipments dropped by 17 percent.Samsung, at the second slot, registered the highest YoY decline amongst the top 5 vendors at -33 per cent in 3Q21.Samsung, in the second position, saw the largest YoY drop amongst top five vendors, with a decline of -33 percent in 3Q21.Samsung, which occupied the second spot, experienced the greatest YoY decrease among the top 5 vendors with a drop of -33.3% in 3Q21.vivo was at the third position, with a shipment decline of 13 per cent YoY.With a decline in shipment of 13% YoY, vivo was third.The third spot was occupied by vivo, which saw a 13% decline in shipped units YoY.

Online channels clocked a record high 52 per cent share, although with a 5 per cent YoY shipment volume decline.Although online channels saw a 52 percent share of the market, there was a 5 percentage YoY drop in shipment volumes.While online channels had a record 52% share, they saw a 5% YoY decrease in their shipment volume.

Tailer sales festivals (The Big Billion Days on Flipkart and Amazon Great India festival) started in early October, even before the Navratri festival this year, continuing until Diwali.The Big Billion Days of Flipkart and Amazon Great India festivals, which are tailer sales festivals, began in October.They will continue until Diwali.The Big Billion Days and Amazon Great India Festival, which include tailer sales, started in October.

This was even before this year’s Navratri festival.It continues until Diwali.

Offline channels registered an 18 per cent YoY shipment decline.Online channels saw a 18% YoY drop in shipment.

The YoY decline in shipping to offline channels was 18%.IDC expects online shipments to surpass offline shipments in 2021.IDC predicts that online shipping will surpass offline in 2021.IDC anticipates online shipments surpassing offline shipments by 2021.

India was the third-largest 5G smartphone market globally with 7 per cent of worldwide 5G shipments, shipping 10 million units at an ASP of $401 in 3Q21.India was third in 5G smartphone markets worldwide, accounting for 7 percent of global 5G shipment.

It shipped 10 million units with an average selling price of $401 per unit during 3Q21.India was the third largest 5G smartphone market worldwide with 7 percent of all global 5G shipments.

In 3Q21, India shipped 10,000,000 units for an ASP $401 and exported 7 million.From Jan-Sep’21, 17 million 5G smartphones were shipped to India and is expected to be under 30 million for 2021.

India received 17 million 5G phones between Jan and Sep 21st.This number is likely to fall to 30 million by 2021.India has received 17.3 million 5G smartphone units since Jan-Sept’21.The number of Indians who have purchased 5G smartphones is projected to drop to below 30 million in 2021.The OnePlus Nord CE, iPhone 12, and Galaxy A22 were the most popular 5G models in 3Q21.

In 3Q21, the most popular 5G smartphones were the OnePlus Nord CE and iPhone 12 as well as Galaxy A22.Three of the most popular models 5G in 3Q21 were: the OnePlus Nord CE (iPhone 12, Galaxy A22), and the iPhone 12.

Overall ASPs peaked at $196, driven by price hikes and a greater 5G contribution.The price rises and a larger 5G contribution to overall ASPs pushed the total ASPs up to $196.Overall, ASPs reached $196.This was due to price increases and a higher 5G contribution.The sub-$200 segment dropped by 24 per cent, while $200+ smartphones grew by 56 per cent, signaling a shift to higher price buckets, driven primarily by supply.Sub-$200 smartphones fell by 24%, but $200+ smartphones rose by 56%, signaling that there is a shift towards higher price brackets driven by supply.While the sub-$200 category dropped 24%, $200+ smartphones saw a 56% increase, which indicates a shift toward higher price categories, which is driven primarily through supply #Indias #Smartphone #Exit #Singledigit #Annual #Delhi

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Disclaimer : TeluguStop.com Editorial Team not involved in creation of this article & holds no responsibility for its content..This Article is Provided by IANS, Please contact IANS if any issues in Article .


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