How Samsung, Apple, Xiaomi did in the Indian smartphone market in 2023

9 months ago 12

According to the International Data Corporation’s (IDC) report, India’s smartphones saw 146 million smartphones shipped in 2023. Compared to 2022, this is just 1% of YoY (year-over-year) growth.
In the first half of 2023, the smartphone market saw a shipment decline of 10% over the 2022’s first half, however, the second half grew by 11% YoY in 2023, compensating the first half’s decline with fourth quarter registering a growth of 26% YoY with the shipment of 37 million units with new phone launches in that quarter.

Apple, Samsung and other brands saw a growth in ASP.
According to the report, Apple, despite the highest ASP of $940, shipped 9 million units, while Samsung topped the chart with an ASP of $338. However, Samsung saw a 5% decline YoY in 2023 shipments.

Vivo (excluding iQoo) also registered a growth of 8%in the ASP of 9% and shipment increased by 8% compared to the 2022.
Here’s the list of top 10 smartphone brands with their market share and year-over-year growth

Brands2022 Market Share2023 Market ShareYear-over-Year unit change
1. Samsung18.1%17.0%-5.3%
2. Vivo14.1%15.2%8.2%
3. Realme14.5%12.5%-12.9%
4. Xiaomi17.8%12.4%-29.6%
5. OPPO11.9%10.3%-12.2%
6. Apple4.6%6.4%38.6%
7. OnePl4.1%6.1%48.7%
8. Poco3.2%4.9%54.2%
9. Infinix2.3%3.1%39.8%
10. Tecno2.4%2.9%19.9%
Others7.0%9.2%33.0%
Total100.0%100.0%0.8%

Price segment-wise market share
1. Entry-Level Segment (sub-$100):

  • Grew by 12% YoY, reaching a 20% market share, up from 18% a year ago.
  • Xiaomi maintained its lead, with POCO and Samsung securing the 2nd and 3rd positions.

2. Mass budget segment ($100<$200):

  • Shipments declined overall, resulting in a drop in market share from 51% to 44% (12% YoY decline).
  • Vivo, Realme and Samsung collectively accounted for 53% of shipments in this segment.

3. Entry-premium segment ($200<$400):

  • Remained flat with a 21% market share.
  • Vivo and OnePlus played a significant role, contributing almost 40% of overall shipments in this price segment.

4. Mid-premium segment ($400<$600):

  • Reached a 5% market share, growing by 27% YoY.
  • OnePlus led with a 35% share, followed by Samsung and vivo.

5. Premium segment ($600<$800):

  • Reached a 3% market share, growing by 23%.
  • iPhone 13, Galaxy S23/S23 FE and OnePlus 11 were leading models.
  • Apple's share declined, while Samsung's share more than doubled in this segment.

6. Super-premium segment ($800+):

  • Registered the highest growth of 86%, reaching a 7% market share.
  • iPhone 14/13/14 Plus dominated with a 54% share.
  • Galaxy S23+/S23/S22+/S23 Ultra followed with a 22% share.
  • Overall, Apple led the segment with a 68% market share, while Samsung held 30%.
Article From: timesofindia.indiatimes.com
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