• Monday, August 19, 2019

Xiaomi is the market leader in India according to Counterpoint Research

Discussion in 'China & Far East' started by TaiShang, Feb 11, 2019.

  1. TaiShang

    TaiShang ELITE MEMBER

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    Xiaomi is the market leader in India according to Counterpoint Research


    According to the most recent research of Counterpoint the market monitor service, the purchases of mobile phones in general of India increased by 11% with smartphones by 10%, so the functional phones of basic range, are found a percentage point above reaching 11% growth, India has positioned itself as the smartphone market with the highest growth in 2018 , since it reached due to its annual growth rate of 10% where Xiaomi was positioned as leader of the market.


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    Karn Chauhan, a research analyst at Counterpoint Research, said: ” India is the second largest smartphone market in the world, surpassed only by China, reaching the astronomical number of 430 million smartphone users. However, this represents only 45% of the total potential market in India, this factor is what explains the growth of this market, with difference to other regions of the world “.

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    In addition, Anshika Jain, a research analyst at Counterpoint Research, added: “The competitive landscape has changed significantly in the last year. We saw key companies gaining market share while smaller brands were leaving the market as competition increased. However, it does not mean that there is no room for new competitors, an example is Realme, which started operations in the second quarter of 2018, for the fourth period of 2018 Realme has entered to the 5 main brands of India reaching more than 4 million more users, fast than all known brands. “

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    Tarum Pathak, Associate Director of Counterpoint Research, said: “This is the first time that the feature phone market is growing faster than the smartphone market. India and the Middle East are driving the feature phones market, taking almost ¾ of global sales in 2018. This proves that although India is a market in which smartphones predominate, it is also true that feature phones are still an option relevant to a large part of the Indian population.

    Source | counterpointresearch
     
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  2. CHN Bamboo

    CHN Bamboo FULL MEMBER

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    I wonder which model Indian buy the most.
    Xiaomi 8?
     
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  3. oprih

    oprih BANNED

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    I'm so happy for our indian brothers, they now know what modern feels like thanks to the amazing Xiaomi phones.
     
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  4. Chhatrapati

    Chhatrapati BANNED

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    At that price range people prefer Samsung, One Plus etc...

    Xiaomi is seen as a Budget phone manufacturer, and mostly sells Max 2, Redmi Note series etc...
     
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  5. TaiShang

    TaiShang ELITE MEMBER

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    Xiaomi offers excellent quality and great design - designed and made in China.

    I recently visited Xiaomi Taipei store, it was packed with people (nearby Samsung store was near empty). Too bad I did take picture only from outside.

    Most of the items in the Xiaomi store were sold out.

    upload_2019-2-12_8-25-28.png

    upload_2019-2-12_8-25-39.png
     
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  6. AndrewJin

    AndrewJin ELITE MEMBER

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    A cool store in Taipei City
     
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  7. TaiShang

    TaiShang ELITE MEMBER

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    Next to it there is a huge Oppo store.

    Huawei must open up a big store in the 101 area, too.
     
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  8. Skull and Bones

    Skull and Bones BANNED

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    Oppo has become subdued, Oppo Find X is interesting.
     
  9. kaykay

    kaykay ELITE MEMBER

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    Note series, Poco etc.
     
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  10. Place Of Space

    Place Of Space SENIOR MEMBER

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    5G is coming, Chinese phones manufacturers will have another booming spring soon.
     
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