India has just become the second largest smartphone market in the world, ahead of the United States as companies such as Xiaomi, Oppo, Vivo and Realme have an increasing share on the Indian market.
According to a report by Counterpoint Research, 158 million smartphones were sold in India last year. This translates into a 7% increase compared to 2018. According to the report, about 72% of phones sold in India belongs to Chinese brands. It is thought that Donald Trump’s foreign policy, which openly wages a trade war with China, also had a big impact on US smartphone market as Chinese phones are getting popular almost every other country.
Smartphone market stats in India shows the positive change for the Chinese brands
This does not mean, of course, that only Chinese brands have recorded an increase in terms of sales. One of the few brands who succeeded is Apple, thanks to its price cuts on the iPhone XR and the debut of the iPhone 11. Samsung seems to lose blood though, having a 5% decrease in its market share and thus, having the second place after Xiaomi.
According to the report, the global supply of smartphones increased by 2% and reached the level of 366.3 million units. This is noteworthy because it is the first growth in the mobile industry in the last couple years.
