Business
Samsung failed to beat Xiaomi in Indian smartphone market in Q3 2021: Canalys
According to the latest report by market research firm Canalys, the exports of smartphones to India dropped by 5% per annum in Q3 2021 to 47.5 million units as retailers struggled to supply low-cost modeling models. But in Q3 2020 made for difficult comparisons year after year, due to the need for a pent-up last year.
Speaking about particular companies, Samsung ranks second with 9.1 million units, accounting for 19% of the market. While, Xiaomi retained its lead, shipping 11.2 million units with a 24% share.
However, the shipments to Q3 2021 were 47% higher than Q2 2021, as consumer demand declined sharply due to pressure from India’s COVID-19 wave. Adding to this, Vivo came third with 8.1 million shipments. Realme remained in fourth place with 7.5 million units, while OPPO finished fifth with 6.2 million.
On the other hand, Samsung maintained the top spot in global smartphone market data for the third quarter of 2021 with a market share of 23%. And, Apple ranked second, with a market share of 15%, an increase of 1% compared to the same period last year. Notably, the US tech giant surpassed Xiaomi to become the second-largest phone maker.
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