Xiaomi has suffered a huge loss in India, Realme has a strong advantage: Canalys Report
New Delhi, Tech Desk. Chinese smartphone brand Xiaomi has suffered tremendous losses in India. In the first quarter of 2022, Xiaomi’s annual growth has declined by 24 percent. While the market share of Xiaomi has come down from 28 percent to 21 percent during the same period. At the same time, there has been a loss of 2.5 million in Xiaomi’s annual smartphone shipments. Despite this, Xiaomi remains the number-1 smartphone company in India with a market share of 21 percent. Let us know that the sub-brand Poco has also been included in Xiaomi’s market share.
Realme made a big profit
According to the report of smartphone market research firm Canalys, if we talk about India’s top-5 smartphone brands in the first quarter of 2022, Samsung is at the second position in this list. Samsung company has also lost 2 percent in market share compared to last year. Samsung’s market share used to be 19 percent in the first quarter of 2021, which has come down to 18 percent in the first quarter of 2022. Whereas Realme has benefited strongly.Realme is the only company that has made a profit of 40 percent in the first quarter of 2022 as compared to the first quarter of 2021. Talking about India’s top-5 smartphone companies, Vivo is at the fourth position in this list. Whereas Oppo is at the fifth position.OnePlus has also been included in Oppo’s market share. Vivo has lost 15 percent this year and Oppo 13 percent compared to last year.
Q1 2022 Market Share
Xiaomi – 21 percent
Samsung – 18 percent
Realme – 16 percent
Vivo – 15 percent
Oppo – 12 percent
Others – 18 percent
Q1 2021 Market Share
Samsung – 19 percent
Realme – 12 percent
Vivo – 18 percent
Oppo – 14 percent
Others – 9 percent
