India smartphone market contracts 5% QoQ in Q2; 5G smartphone installed base crosses 50 million: Counterpoint

NEW DELHI: Smartphone shipments in India grew 9% year-on-year, but fell 5% sequentially to 37 million units in Q2 as macroeconomic headwinds affected consumer demand in the April-June quarter, according to the latest data released by Counterpoint Research on Friday.

Xiaomi maintained its lead in the India smartphone market in the second quarter, despite declining 26% year-on-year to account for a 19% share (by volume) while Samsung held the second spot with a 14% year-on-year growth to capture an 18% share.

Vivo displaced Realme for the third position in Q2 for a 15% share. Realme in the fourth position held a 15% share, followed by Oppo (10%).