Counterpoint Research posted its quarterly analysis of the smartphone market in India. The numbers for Q3 2021 revealed an 11% overall decline in sales on a yearly basis – down to 45 million units. This is the first yearly decline for the July-September period in India, mostly due to pent-up demand from Q3 2021, as well as lower demand in Q2 2022 due to the global macroeconomic situation.
In the three-month period, Xiaomi remained on top, but Samsung managed to close the gap as the Korean company was among the few to achieve annual growth. Apple reached its highest share ever in India at 5%, and the iPhone 13 from 2021 became the best-selling model in Q3.
