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Canalys is ready with its Indian market report for Q4 last year and full year 2022. This is the first time we see shipments decline in Q4 compared to Q3. Year-over-year, the latest quarter saw volumes fall by an astonishing 27% and pushed the overall result for the year down 6% compared to 2021.
For the first time in 20 quarters, Samsung took the top spot as the largest smartphone vendor for the first time since 2017, dethroning Xiaomi. However, the latter remains on top for the full year 2022.
Even though Samsung’s shipments in 2022 fell by 21%, it managed to secure the largest share of the Indian market in the fourth quarter with a 21% share, an increase of 2 percentage points year on year. vivo increased sales by the most among major suppliers: shipments grew 13% to secure a 20% market share and second place.
Xiaomi dropped to third place in the fourth quarter with a whopping 40% drop in sales and barely managed to stay ahead of Oppo which saw 10% growth and only got 100,000 units fewer than Xiaomi’s result.
The post continues on our Blog: Canalys: Xiaomi lost to Samsung in India in Q4, still top in 2022
What do you think about it? Feel free to reply below!
For the first time in 20 quarters, Samsung took the top spot as the largest smartphone vendor for the first time since 2017, dethroning Xiaomi. However, the latter remains on top for the full year 2022.
Even though Samsung’s shipments in 2022 fell by 21%, it managed to secure the largest share of the Indian market in the fourth quarter with a 21% share, an increase of 2 percentage points year on year. vivo increased sales by the most among major suppliers: shipments grew 13% to secure a 20% market share and second place.
Xiaomi dropped to third place in the fourth quarter with a whopping 40% drop in sales and barely managed to stay ahead of Oppo which saw 10% growth and only got 100,000 units fewer than Xiaomi’s result.
The post continues on our Blog: Canalys: Xiaomi lost to Samsung in India in Q4, still top in 2022
What do you think about it? Feel free to reply below!
