Analysis Say Only Indian Smartphone Market Will Grow in 2019

Indian smartphone market

According to the Indian ‘Economic Times’ report, in 2019, India may be the only major smartphone market to continue to maintain growth momentum, while China may decline, and the United States may remain unchanged.

Previously, Counterpoint and CyberMedia reported that sales of the Indian smartphones market will reach 160 million units in 2019. This year, it is estimated to be around 150 million units, an increase of 12% compared with about 134 million units last year. Counterpoint Assistant Director Tarun Pathak pointed out that while smartphone sales in India grew by 12%, global smartphone sales will decline for the first time this year. By the way, the leaders in the global market are considered to be Samsung, Apple, and Huawei.

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All reports shows, this year, the Chinese Xiaomi and South Korean Samsung dominate the Indian smartphone market. The total market share of two companies exceeding 50%. Next year, it is expected that the two companies will continue to fight for the highest position. As for Xiaomi itself, it ranks first in India for 5 consecutive quarters, and there is every reason to think, the sixth quarter will show a similar arrangement as well.

Earlier this month, IDC issued a report saying that the Chinese smartphone market has shown signs of rebound, shipments will remain flat in 2019, and will resume growth after 2020.

IDC expects global smartphone shipments to decline this year, but they will grow by 2.6% in 2019. This year, the trend of smartphone shipments in the Chinese market will be consistent with the global market, both of which are in a downward trend, and IDC is expected it to decline by 8.8%.

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