Indian smartphone market grew by 7.1%, despite global decline: IDC

At a time when global smartphone shipments are dwindling, the Indian market grew by 7.1% annually, according to the International Data Corporation (IDC). A total of 32.1 million units were shipped in January to March quarter of 2019, the company claimed in its Asia/Pacific Quarterly Mobile Phone Tracker report, published on May 13. The global smartphone market fell 6% YoY in Q1 2019.

Other market reports are in agreement with this, even though the numbers vary a little. For instance, as per the Counterpoint report published on April 26, the Indian smartphone market grew by 4% annually. The report attributes this growth to shipment of new products by Samsung and expansion by Xiaomi and Realme in the offline space.