Xiaomi, Samsung develop 86% in market as of 2Q21 shipments: IDC

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While India’s smartphone market began on a low word within the second quarter this yr after the second COVID-19 wave, shipments picked up and noticed shipments of 34 million items by the tip of the quarter, an 86% year-on-year progress. The International Data Corporation (IDC) reported in its quarterly Mobile Phone Tracker report.

Even although the second wave arrived in India with increased an infection and demise charges, however sectors similar to manufacturing and logistics have been much less impacted, the report additionally famous that the lockdown this yr was not as strict as final yr’s.

“While 2021 is anticipated to see single-digit progress, 2H21 is anticipated to say no in comparison with the identical interval final yr, with decrease demand, uncertainty across the third wave, persistent provide crunch, and rising inflation charges. -With rising element costs, stated Navkendar Singh, Director of Research, Client Devices & IPDS, IDC India.

“Nevertheless, a rebound in 2022 will be possible with upgraders in the low-mid price segments, a supply-based push of 5G devices, feature phone migration with new offerings expected in the coming months (as announced by Reliance Jio) , and markets with better supplies,” says Singh.

Xiaomi, Samsung, Realme, Oppo and Vivo made up the highest 5 manufacturers when it comes to shipments within the quarter. (picture supply: IDC)

Key market traits within the second quarter of 2021

Key traits for the quarter included accelerated progress of on-line channels led by e-tailers, leading to a file year-on-year progress of 113 per cent with a file share of 51 per cent. Meanwhile, the offline channel was affected by the weekend curfew and partially open markets.

MediaTek-based smartphones continued to paved the way with a 64 % share within the sub-$200 section, whereas Qualcomm dominated the house with a 71 % share within the $200-$500 section. In phrases of 5G shipments, India ranked fourth behind PRC, USA and Japan.

Top smartphone distributors within the second quarter of 2021

Xiaomi led the way in which with year-on-year progress of 84 %. Poco, a sub-brand of Xiaomi, emerged because the quickest rising model nationally, regardless of having a smaller mannequin portfolio and being unique to Flipkart. Xiaomi additionally instructions a 40 % on-line market share, comprising 70 % of its whole shipments.

Samsung reported the bottom progress among the many high ten distributors, rising simply 15 per cent year-on-year. The report states that this was on account of a “serious supply shortage”. The firm’s on-line shipments grew 46% year-over-year, accounting for 49 % of whole shipments.

Vivo, Realme and Oppo made it to the highest 5 with progress of 57 per cent, 175 per cent and 123 per cent on a year-on-year foundation.

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With inputs from TheIndianEXPRESS

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