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Xiaomi Reclaims Top Spot as Smartphone Manufacturer in India in Q2 2024: Canalys

According to the report Xiaomi and Vivo had the largest market share in India in Q2 2024.

Written by Sucharita Ganguly, Edited by Manas Mitul | Updated: 18 July 2024 15:31 IST
Xiaomi Reclaims Top Spot as Smartphone Manufacturer in India in Q2 2024: Canalys

Photo Credit: Xiaomi

Xiaomi and Vivo occupy 18 percent share each of the smartphone market in India

Highlights
  • Xiaomi estimates in the report included Poco details
  • Estimates for Oppo in the report excluded OnePlus data
  • The rest of the year will likely see more growth that Q2 2024
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Smartphone shipments in India grew by only one percent in the second quarter (April-June) of 2024 on a year-on-year (YoY) basis, according to a report by a technology market analyst firm. The report suggests that the slight growth is a result of a number of different factors, including national elections, lower seasonal demand and extreme weather conditions in some areas. Among the top brands with the largest market share in the quarter were Xiaomi and Vivo. Notably, estimates for Xiaomi in this report include data from Poco, the company's sub-brand, while estimates for Oppo exclude OnePlus.

Indian Smartphone Market Q2 2024 Growth

A report by market analyst firm Canalys claims that the total number of smartphone units shipped in India in Q2 2024 was 36.4 million, which is marginally more than the 36.1 million units shipped in Q2 2023. The report shows that Xiaomi and Vivo each shipped 6.7 million units and had an 18 percent market share each.

Samsung followed closely at 17 percent with 6.1 million units shipped, while Realme and Oppo shipped 4.3 million and 4.2 million units each, with 12 and 11 percent market share, respectively.

Contributing to Xiaomi and Vivo's larger market share were the Redmi Note 13 Pro series, and the Xiaomi 14 Civi, alongside Vivo's V-series and the Vivo Y200 Pro, the report added.

The small yearly growth in the quarter is attributed to the national general elections, extreme weather, fluctuating demand and slow migration from feature phones to smartphones. The report also claimed that another element is the growing trend of adopting second-hand smartphones

Indian Smartphone Market H2 2024 Outlook

The report also suggested that most brands will look forward to clearing their inventory with monsoon e-commerce sales to prepare for upcoming newer launches. It also claimed that buyers are expected to upgrade to higher-end phones with better features and innovations in the coming months. Most customers are expected to focus on 5G connectivity and generative AI support on their smartphones, according to the report.

The firm expects "mid-single-digit growth in both the upcoming festive season and overall shipments" in the rest of 2024.

Redmi Note 13 Pro+ 5G

Redmi Note 13 Pro+ 5G

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Design stands out
  • IP68 Certification
  • Decent performance
  • Excellent Display
  • Solid primary camera
  • Bad
  • Bloatware
  • Unreliable ultra-wide and macro cameras
Read detailed Xiaomi Redmi Note 13 Pro+ 5G review
Display 6.67-inch
Front Camera 16-megapixel
Rear Camera 200-megapixel + 8-megapixel + 2-megapixel
RAM 8GB, 12GB
Storage 256GB, 512GB
Battery Capacity 5000mAh
OS Android 13
Xiaomi 14 Civi

Xiaomi 14 Civi

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Leica camera features
  • Solid performance
  • Decent display
  • Powerful speakers
  • Value for money
  • Bad
  • No IP68 rating
  • Random notifications from GetApps
  • Battery output is not the best in the segment
Read detailed Xiaomi 14 Civi review
Display 6.55-inch
Front Camera 32-megapixel + 32-megapixel
Rear Camera 50-megapixel + 50-megapixel + 12-megapixel
RAM 8GB, 12GB
Storage 256GB, 512GB
Battery Capacity 4700mAh
OS Android 14
Resolution 1236x2750 pixels
Vivo V30 Pro

Vivo V30 Pro

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Thin and minimalist design
  • Good battery life with 80W fast charging
  • Vibrant curved-edge AMOLED display
  • Good overall primary camera performance
  • Bad
  • Noticeable camera shutter lag
  • Fingerprint reader is iffy
  • Plenty of pre-installed apps
  • No stereo speakers
  • Basic IP54 certification
Read detailed Vivo V30 Pro review
Display 6.78-inch
Front Camera 50-megapixel
Rear Camera 50-megapixel + 50-megapixel + 50-megapixel
RAM 8GB, 12GB
Storage 256GB, 512GB
Battery Capacity 5000mAh
OS Android 14
Resolution 2800x1260 pixels
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Further reading: Indian Smartphone Industry, Indian Smartphone market, Canalys, Xiaomi, POCO, Oppo, OnePlus, Vivo, Realme, Samsung
Sucharita Ganguly
Sucharita Ganguly
Sucharita is a writer with Gadgets 360 and is mostly found playing with her cat in her free time. She has previously worked at breaking news desks across organizations. Powered by coffee, The Beatles, Bowie, and her newfound love for BTS, she aims to work towards contributing to a better media environment for women and queer folk. More
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