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Xiaomi Retained Top Position in India Smartphone Market in Q3’22

by Rajeev Nair | Oct 28, 2022

India smartphone market declined by -7% annually in Q3 2022. Of the three quarters, India market has declined in two of them in 2022. Smartphone penetration rate of the handsets stood at its highest ever in the quarter. Xiaomi, Samsung and vivo were the top three vendors in the third quarter. Detailed analysis available here from our latest country report from Smartphone Country Share Tracker (SCST) Service.

The quarter witnessed 5G spectrum auction being concluded in the country and subsequently the share of 5G compatible devices hit the highest in the quarter. There has been a definitive surge in the share of 5G among all key vendors till now in the year and is expected to scale up further in 2022.

Strategy Analytics analyses the top three vendor performance in India on a multitude of parameters. Below is a snapshot of SA Lens and key vendor evaluation from India market in Q3 2022.

SA Lens top three India SP vendors_ Q3 2022

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