A new report revealed that the smartphone market in India achieved a record 162 million shipments in 2021, growing 12 percent in 2020.
After a tough start to the year due to the second wave of Covid-19, India recovered strongly in the second half, reports market research firm Canalys.
Thanks to the vaccination rollout, market reopening and pent-up demand, smartphone shipments reached all-time highs for the full-year. Growth is expected to continue in 2022, driven by both replacement demand and new customers migrating to smartphones, – Sanyam Chaurasia, Analyst Canalys said in a statement.
Following a strong comeback in Q3, smartphone vendors shipped 44.5 million devices in Q4 for 2 percent growth, despite a challenging supply chain.
Xiaomi was the leader, shipping 9.3 million units and maintaining its 21 percent market share. Samsung came second with 8.5 million units for a 19 percent share.
Realme climbed to third place in India for the first time, with a 49 percent year-on-year increase in volume that reached 7.6 million shipments. The fourth and fifth place were taken by Vivo and OPPO, with 5.6 million and 4.9 million units, respectively.
“Overall, India will see upward momentum towards future-proof technologies, with smartphones being at the core of the digital ecosystem and growing ever-more essential to the daily lives of Indian citizens,” Chaurasia added.