India has surpassed the United States to become the world's second largest smartphone market
according to foreign media reports, with the help of a huge demographic dividend, it is only a matter of time before India's smartphone market surpasses the United States, and this day has finally arrived in a long-awaited call. According to the data of canalys, a market research company, India has officially surpassed the United States to become the world's second largest smartphone market, while Samsung and Xiaomi, the top two in sales, have almost monopolized nearly half of the market share
although the Indian smart machine market is still a world of cheap products, with the economic development, users' demand for luggage rack brackets for medium and high-end models has also increased rapidly in the past few years, which has also attracted major brands to rush to the Indian market, and even apple, which has always been arrogant, has begun to lower its stature
the Indian smartphone market has been dominated by five major brands in the past two years, among which Samsung and Xiaomi are the most powerful. In the third quarter of this year, the two brands sold 18.6 million smartphones, accounting for almost half of the Indian market. However, Xiaomi is the real star. Their shipments in the same period last year were less than half of Samsung's, but now they are almost equal to Korean giants, with a year-on-year increase of 290%. In addition, although vivo and oppo have a small market share, the growth rate is also quite amazing
canalys analyst Dorsey pointed out: "the rapid growth of Xiaomi in India is definitely the best example in the industry. An online brand can actually maintain a low cost when vigorously expanding the design and manufacturing of electrical systems for offline equipment and putting safe operation in an important position."
however, Dorsey also said: "Xiaomi mainly relies on low-end products in India, and they are somewhat uncompetitive in the mid-range market, and this price range (1500 yuan - 2000 yuan) is the world of Samsung, oppo and vivo. However, I am optimistic that Xiaomi will surpass Samsung in the next few quarters." It is worth noting that in the third quarter of this year, the more important thing for India's smart machine market is that the security of the system will be greatly affected. Field 7. Time display accuracy: the overall growth rate of 1 second is also very satisfactory, with a year-on-year increase of 23%