In the second quarter of this year, more than 238.1 million smartphones shipped globally, which is a near 50 percent increase from Q2 last year, according to Canalys. What’s interesting though is that India was the fastest growing market growing by about 129 percent and became the world’s third largest smart phone market.
“India is a market in transition, moving from feature phones to smart phones, and is a market that offers huge potential as hundreds of millions of users have yet to upgrade their feature phones,” said Jessica Kwee, Canalys Analyst. “Domestic vendors, such as Micromax and Karbonn, are capitalizing on the popularity of their feature phones and are quicker to respond to local market demands, hence their current success.” Also Read - Galaxy A22 replaces M42 5G to become the cheapest 5G Samsung phone in India
Samsung, not surprisingly, was the biggest player in India controlling over a third of the market, followed by Micromax, which controlled 22 percent. Karbonn, Sony and Nokia followed closely making up the top five smartphone vendors in the country. With nearly 9 million smartphones shipped in the last quarter alone, India was also the third largest market in the world behind US and the world leader China. Also Read - Gorilla Glass DX, DX+ to now protect your phone cameras, will debut on a Samsung phone
Talking of brands in the global sense, Samsung and Apple still topped the table with shipments growing by 55 percent and 20 percent respectively. But both the major players lost quite a bit of market share to Chinese vendors like Lenovo, Yulong, Huawei, ZTE and Xiaomi, who collectively made up for 20 percent of the global market.