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Premium smartphone segment likely to party this festive season, drive overall shipment growth, ET Telecom

Market trackers expect the average selling prices (ASP) to rise by 10% on-year during the festive season which also coincides with the Cricket World Cup this time. That said, affordable 5G smartphones under Rs 15,000 are also expected to drive volumes. ....

New Delhi , Tarun Pathak , Shilpi Singh , Counterpoint Research , Cricket World Cup , Research Director Tarun Pathak , 5g Smartphones ,

smartphone: Premium smartphone segment likely to party this festive season, drive overall shipment growth

The premium smartphone segment is expected to experience strong growth during the festive season, with distribution channels and financial institutions offering discounts and attractive offers. Shipments are predicted to rise 7% year-on-year, with average selling prices expected to increase by 10%. Affordable 5G smartphones under Rs 15,000 are also projected to drive volumes. ....

Tarun Pathak , Shilpi Singh , Counterpoint Research , Cricket World Cup , Research Director Tarun Pathak , Shipment Growth , Festive Season , Premium Smartphone , Distribution Channels ,

Smartphone shipments in Q2 down 3% on-year, show recovery signs: Counterpoint

Although this was the fourth consecutive quarterly decline for the overall market, the premium smartphone segment (above Rs 30,000) grew 112% on-year to contribute a record 17% of overall shipments, according to a new report from Counterpoint Research. ....

Shilpi Singh , Shubham Singh , Counterpoint Research , Smartphone Shipments , Smartphone Exports , India Smartphone Exports ,

Premium mobile sales soar, but overall market declines

The research firm said offline sales channels has been growing and is expected to rise to 54% in 2023, with online-heavy brands such as Xiaomi, Realme, and OnePlus now emphasising offline expansion. Omni-channel brands like Samsung and Apple are also increasing their offline presence to cater to a diverse consumer preferences. ....

Shilpi Singh , Counterpoint Research ,