India’s Smartphone Sales Fell 13 Percent During Second COVID-19 Wave: Canalys

India’s smartphone gross sales fell 13 % within the second quarter in contrast with the earlier one as a second wave of COVID-19 infections damage demand on the planet’s No. 2 smartphone market, a analysis report stated on Thursday.

Online smartphones purchases, nonetheless, helped gross sales surge 87 % in contrast with a yr earlier, in accordance with market analysis agency Canalys.

“Smartphone distributors in India had assumed COVID-19 wouldn’t return, and several other deliberate to put money into infrastructure for branded shops and partnerships with third-party offline channels. But as soon as once more they have been shortly compelled to pivot to an internet technique,” Canalys analyst Sanyam Chaurasia wrote within the report.

(*13*) Xiaomi continued to be the highest model favoured by Indian consumers with a 29 % market share, adopted by South Korea’s Samsung Electronics at 17 % share, Canalys stated.

Chaurasia predicted the nation will see a rebound within the second half of this yr as vaccinations increase shopper confidence and as smartphone manufacturers launch new merchandise.

As the specter of a 3rd wave of COVID-19 infections nonetheless looms in India, buyer behaviour and industrial operations will proceed to regulate to pandemic circumstances, serving to cut back the impression, the analyst wrote.

© Thomson Reuters 2021


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