Last year, in the last 6 months of 2020, there was a record 10 million smartphone came in the Indian market. This was given in a Cyber Media Research Report (CMR) released on Friday.
The report stated that Samsung ranked first with a 19 percent share in 2020. However, China’s mobile phone company Xiaomi ranked first with 27 percent market share in the December quarter.
According to the CMR Mobile Handset Review Report for the December quarter, there was a significant decline in smartphone shipments in the first six months of 2020. This enabled the companies to make a strong comeback in the last six months. As the economy is progressively opening up, consumer demand is picking up.
This supported the growth of the smartphone industry and for the first time, shipments crossed 100 million in the last six months of 2020. CMR estimated that the smartphone market could grow at a rate of 10 percent this year. During this period, the shipment of 5G smartphones can reach 10 million to reach 30 million.
CMR said that Apple has kept up the pace of growth and ranked sixth among the top 10 smartphone companies.