India’s phone market surpasses the US
India has succeeded in leaving the USA behind and becoming the second largest smartphone market in the world. The first is in the hands of China. Chinese companies are seen as the main reason for the change in the markets.
The impact of Chinese smartphone manufacturers in the industry has begun to show itself in the smartphone markets of the countries. The USA, which has long been considered the biggest smartphone market, was ranked second by China last year. Today, India has taken the USA one step further.
Chinese manufacturers lead in India
It is at the top of Chinese manufacturers in India, which has received the nickname of the world’s second largest smartphone market. 72 percent of the phones placed on the shelves every year belong to Xiaomi, Vivo, Realme and Oppo companies. The summit is in the hands of Xiaomi with 28 percent. Samsung is the only non-Chinese company in the top five. However, Samsung seems to be in a trend of losing its market share in the country.
We know that Apple is accompanied by the increase of Chinese manufacturers worldwide. With the price drop on the iPhone XR and the release of the iPhone 11 series, the tables are good at Apple. However, we see that Samsung continues on a steady line around the world.
When we go back to India, the factories that Chinese companies opened to the country can be seen as one of the results following the growth of the market. The new Pocophone model, which we expect to see next month, will likely be introduced in India. The previous model attracted great attention from the world with its affordable price. These affordable models will contribute to the further growth of the Indian market.