“India beats US, is now the second-biggest smartphone market: Top gainers and losers”
India’s smartphone market is now bigger than that of the US. According to Counterpoint Research, India for the first time surpassed the US to become the second-largest smartphone market in the world reaching 158 million shipments in 2019. Indian smartphone market’s growth is lead by mid-tier segment where Chinese brands aggressively introduced many flagship-grade features and capabilities. Chinese brands’ share hit a record 72% for 2019 compared to 60% a year ago. Wonder who are the biggest gainers and losers of Indian smartphone market, and what worked or did not work in their favour? Read on to find out.
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