News Update

India’s Smartphone Market Falls Sequentially In Q2 To 13% Amid Second Wave


Smartphone shipments in India fell 13 percent to 32.4 million units in the April-June 2021 period over the previous quarter as the second wave of COVID-19 stifled demand, according to research firm Canalys. Given that April-June 2020 had an almost two-month nationwide lockdown (amid the first wave of the pandemic), the year-on-year comparison was “extremely favourable” with shipments up 87 percent, Canalys said in its report. Xiaomi continued to remain the top player with 29 percent market share (9.5 million units shipment) in the June 2021 quarter, followed by Samsung stayed in second place with 17 percent share (5.5 million) and Vivo with 5.4 million. Realme overtook Oppo for fourth place, shipping 4.9 million units (15 percent) against Oppo’s 3.8 million (12 percent) in the said period, the report said.

India's smartphone market falls sequentially in Q2 featured image

A surge in COVID-19 cases prompted regional restrictions and economic disruption, which limited consumers’ disposable income. “India was taken by surprise by its second wave, as the new COVID variant emerged and took hold quickly. For smartphone vendors, this was a wake-up call, and shows the importance of bolstering both online and offline presences equally,” Canalys Analyst Sanyam Chaurasia said.”But the second half will not see a surge in pent-up demand like last year. The threat of a third wave still looms in India, but as citizen behaviour and industrial operations continue to adapt to pandemic conditions, its impact should be minimal,” he added.

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