One of the most important parts of our life is a smartphone. The smartphone market is one of the largest markets in the world, and India is one of the largest centers. And from 2020 this market is expected to grow like freaks. These smartphone brands share market value across all available brands and each brand has its own share value. There is fierce competition between the two giants and the most popular at the moment is Xiaomi vs Samsung.
But as you know, not everyone is the best! Here are the top 5 brands dominating the Indian market in 2020.
1. XIAOMI
Among all available smartphone brands, China Xiaomi will also be number 1 among smartphone brands in India in 2020.
You are well aware of our current situation and problems with China. And recently India started a digital war in the country. Digital warfare means boycotting all digital products we receive from China. Smartphones also fall into the digital category. But even after these circumstances, Xiaomi managed the Indian smartphone market.
2. VIVO
Vivo is one of the oldest and preferred smartphone brands in India and you will find a lot of users of this brand.
This BBK-owned company had a market share of 21% in the last quarter of 2019 and fell to a low of 19.9% in the first quarter of this year. In the first quarter of 2020, Vivo experienced a decrease in market share of almost 2%. The company still posted annual growth of 48.9% this year and sold around 6.7 million units to India this year in the first quarter.
3. SAMSUNG
This is one of the biggest annoyances in the smartphone market in 2020, with Samsung not ranking first or second.
South Korean smartphone giant Samsung experienced the biggest drop in customers when its market share slipped to a third in the first quarter of this year. Samsung is one of the leading smartphone brands in India and has maintained its second position since the last quarter of 2017 i.e. H. almost two years. As seen in 2019, the brand has a market value of 19%. So far, however, the share has fallen 3%, leaving only the company’s current market share of 16%. This year the company underwent a lot of trials but it can’t be compared to the level of competition like Xiaomi, Vivo, Oppo and Realme. So the decrease is observed.
4. REALME
If you want to know what success really means, you should turn to a smartphone brand called Realme.
Today, Realme is the fastest-growing smartphone brand not only in India but all over the world. But the Indian market is undoubtedly the largest market. This brand isn’t even a pure brand! This is a sub-brand belonging to Oppo and part of BBK. But he is still more successful than his godfather. In the last quarter of 2019, Realme had a small market share of only 8%. Over the course of several months, its shares jumped 6% and had a market share of 14% from April to May 2020.
5. OPPO
Oppo is another smartphone brand from BBK, one of the oldest brands in the Indian market, which is considered a good Vivo analog. In 2020 the company provided us with some good tracks like Reno 10X Zoom, Reno 2, 2Z, Z, Find X2 and Find X2 Pro, and many others.
As a result, the company does not see any change in its market share. In 2019 it has a market share of 12%, as it did in 2020, and with more breakthroughs, this stock is expected to rise!