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Counterpoint: Samsung loses top spot in India, vivo leads the market in 2024
Counterpoint Research's latest report reveals fascinating details about the Indian smartphone market in 2024. Samsung dropped from its leading position in the Asian country, now ranking third. vivo took its place with 19% of total shipments, while Xiaomi followed closely with 17%. In 2024, wholesale revenue rose by 9%, although shipments only increased by 1%, totaling 153 million units. 5G smartphone shipments accounted for 78%, meaning that three out of every four phones were compatible with 5G. vivo secured the leading position thanks to a strong offline network, further supported by...
Counterpoint Research's latest report reveals fascinating details about the Indian smartphone market in 2024. Samsung dropped from its leading position in the Asian country, now ranking third. vivo took its place with 19% of total shipments, while Xiaomi followed closely with 17%. In 2024, wholesale revenue rose by 9%, although shipments only increased by 1%, totaling 153 million units. 5G smartphone shipments accounted for 78%, meaning that three out of every four phones were compatible with 5G. vivo secured the leading position thanks to a strong offline network, further supported by...
