India smartphone shipments forecast down to 170M units in 2021

New Delhi: The current Covid wave has hit the smartphone players in India and the market is likely to see a decline of nearly 12 million units — from 182 million to 170 million — for the year, a new report forecast on Thursday.

India’s smartphone market will definitely witness a significant dip of more than 30 per cent in the ongoing second quarter (April-June period) and the festive season and pent-up demand are expected to drive the market in Q3 and Q4, according to Counterpoint Research.

Consumers will prefer online channels for buying smartphones due to Covid-19 fears.