Total smartphone shipments are expected to exceed 170 million units in 2022, with 5G mobile shipments in India by more than 300% (year-on-year) in the first quarter, according to a new report released Wednesday. In the first quarter, Samsung led the 5G segment with a 23% market share.
According to CyberMedia Research's India Mobile Handset Market Review Report, shipments of affordable smartphones declined, while premium smartphones surged 58%, showing a strong appetite to switch and upgrade.
Menka Kumari, Analyst-Industry Intelligence Group, CMR has said, “The smartphone industry continues to face major headwinds, including prevailing supply-side dynamics, and resultant raw material shortages. While the initial two months of the quarter remain muted, March bucked the trend, with growth picking-up.”
Apple shipments increased 20% year-on-year in the first quarter, up 77% above the Super Premium segment market share. In the first quarter of 2022, the entire feature phone segment was down 43% (year-on-year) due to supply constraints, higher operator tariff plans, and rising inflation trends. The 2G and 4G feature phone segments were down 42% and 50% year-on-year, respectively.