HIGHLIGHTS
Vivo passed Samsung by capturing over 21 per cent market share to claim the second spot.
Samsung is now third with market share of 19 per cent while Xiaomi remains on top position with market share of over 27 per cent.
Vivo’s shipment grew by 76 per cent in the year 2019 mainly due to the launch of budget and performance-driven devices.
There is a new market research report out for the Indian phone market, and this one shows that the pecking order is changing. According to Counterpoint Research, in Q4 of 2019, Vivo passed Samsung by capturing over 21 per cent market share to claim the second spot. Samsung is now third with a market share of 19 per cent while Xiaomi remains on top position with a market share of over 27 per cent.
The report notes that Vivo has seen impressive growth in 2019, albeit the Indian market remains fairly fluid where no company can take its position for granted. For example, Realme saw some dip in the Q4 2019 compared to its impressive jump in Q3.
Samsung soon hopes to launch in India not only its A51 phones, which are going to be mainstream devices but also high-end Galaxy S20 phones. The new launches may help Samsung inch up towards its lost position in the Q1 of 2020. At the same time, Vivo too has new launches lined up this quarter, and it is possible that the company may carry forward its impressive momentum from 2019.
By successfully pivoting to online and aggressively positioning the S series in the offline segment with new features, Vivo managed to make a dent in the Rs 15,000 Rs 20,000 segment,” said Tarun Pathak, Associate Director, Counterpoint said.
As per the report, Vivo’s shipment grew by 76 per cent in the year 2019 mainly due to the launch of budget and performance-driven devices. The S series, as mentioned by Counterpoint, greatly helped to increase the growth of the Chinese smartphone giant.
Vivo’s offline market share went from 23 per cent in October to 24.7 per cent in November as per the German research firm GfK, making us again the top brand in the Indian smartphone market
Don’t Forget To Share This Article with Your Friends and Please Subscribe Our Push Notification to Get Notified When We Post A New Amazing Article.
You Can Also Subscribe Our YouTube Channel. ATUL TECH BAZAAR
https://www.youtube.com/c/atultechbazaar