Samsung phones are really made in India

India is now the second largest smartphone market in the world

The US has been dethroned as the second largest smartphone market. A new report from Counterpoint Research estimates that India has overtaken the United States to become the second largest smartphone market with an estimated 158 million devices shipped to the country in 2019. China is still the world leader in the first place.

Interestingly, India's rise to second place is largely thanks to Chinese smartphone manufacturers. Phones made by companies like Xiaomi, Vivo, Oppo, and Realme account for a whopping 72 percent of the devices shipped to India in 2019. The report cites this fact of the cheap smartphones from Chinese manufacturers as the cause of the growth in the country.

The popularity of these China-based smartphone manufacturers in India is also attributed to the overall growth of the companies themselves. For example, when it comes to Xiaomi, even more people in India buy these phones than in China itself.

Apple has also seen growth in India. The report attributes this to the price cuts on the company's iPhone XR model, as well as the launch of the new iPhone 11 series. The same cannot be seen in Samsung, however, as the company saw no growth at all in India last year. Much more, their numbers stagnated in this market and sales fell 5 percent over the course of the year.

And what does it all mean now? It is said that smartphones are becoming more and more accessible to the large and growing population of India. become. Now that the country is the world leader in the smartphone market after China, the brands will be attentive to the wants and needs of Indian consumers. I am curious to see which innovations will be apparent through this growth spurt.

via: mashable