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\"<p>(AP
(AP Photo, File)<\/span><\/figcaption><\/figure>New Delhi: India’s smartphone market<\/a> shipments fell 11% on-year in the third quarter - a first ever this period - due to a higher base last year and falling demand in the high-volume budget segment, according to Counterpoint Research<\/a>.

China’s Xiaomi<\/a> continued leading the market, with Korea’s Samsung<\/a> in the second spot.

Apple<\/a> reached its highest ever market share of 5% during the quarter, with iPhones leading the premium segment with 40% share, driven by a strong channel push ahead of the festive season. The iPhone 13<\/a> became the top selling smartphone model in Q3, a first for the Cupertino, California-based company.

Smartphone brands in India shipped 45 million units in the July to September quarter with demand recovering in August and peaking in the last week of September during the festive season sales, the research firm said.

The sub-Rs 10,000 segment’s contribution declined 4% from last year, contributing 27% of the total shipments. Feature phones also registered a decline of 24% on-year due to adverse macroeconomic conditions continuing to impact the bottom-of-the-pyramid users. Demand was high especially in the mid-tier and premium segments.

High left over inventory at the end of the second quarter combined with modest demand in the entry-tier and budget segments also resulted in less than expected shipments in Q3, the market tracking firm said.

\"Almost all the brands were impacted, especially in the entry-tier and budget segments. The unfavourable macroeconomic conditions will continue to affect the Indian smartphone market<\/a> in Q4 2022 as well, especially after Diwali. However, we may witness a demand uptick during the year-end sales,” said Prachir Singh, senior analyst, Counterpoint Research<\/a>.

Xiaomi<\/a> led the market with in Q3, though its shipments declined 19% on-year, settling at a 21% market share. Weak consumer demand in the entry-tier was the major factor behind the decline, but new launches in the quarter helped shipments for the brand, allowing it to maintain the top position. The company led the 5G smartphone segment under Rs 20,000 during the quarter.

\"Smartphone<\/a><\/figure>

Smartphone market falls 9-12% in Q3 bitten by weak demand: Market trackers<\/a><\/h2>

Canalys said weak demand in the quarter ended September caused shipments to decline 9% year-over-year to 297.8 million units, while preliminary data from IDC revealed a 9.7% year-over-year decline to 301.9 million units. Counterpoint reported a 12% year-on-year decline to 301 million units in the same quarter.<\/p><\/div>

\"&lt;p&gt;(AP
(AP Photo, File)<\/span><\/figcaption><\/figure>New Delhi: India’s smartphone market<\/a> shipments fell 11% on-year in the third quarter - a first ever this period - due to a higher base last year and falling demand in the high-volume budget segment, according to Counterpoint Research<\/a>.

China’s Xiaomi<\/a> continued leading the market, with Korea’s Samsung<\/a> in the second spot.

Apple<\/a> reached its highest ever market share of 5% during the quarter, with iPhones leading the premium segment with 40% share, driven by a strong channel push ahead of the festive season. The iPhone 13<\/a> became the top selling smartphone model in Q3, a first for the Cupertino, California-based company.

Smartphone brands in India shipped 45 million units in the July to September quarter with demand recovering in August and peaking in the last week of September during the festive season sales, the research firm said.

The sub-Rs 10,000 segment’s contribution declined 4% from last year, contributing 27% of the total shipments. Feature phones also registered a decline of 24% on-year due to adverse macroeconomic conditions continuing to impact the bottom-of-the-pyramid users. Demand was high especially in the mid-tier and premium segments.

High left over inventory at the end of the second quarter combined with modest demand in the entry-tier and budget segments also resulted in less than expected shipments in Q3, the market tracking firm said.

\"Almost all the brands were impacted, especially in the entry-tier and budget segments. The unfavourable macroeconomic conditions will continue to affect the Indian smartphone market<\/a> in Q4 2022 as well, especially after Diwali. However, we may witness a demand uptick during the year-end sales,” said Prachir Singh, senior analyst, Counterpoint Research<\/a>.

Xiaomi<\/a> led the market with in Q3, though its shipments declined 19% on-year, settling at a 21% market share. Weak consumer demand in the entry-tier was the major factor behind the decline, but new launches in the quarter helped shipments for the brand, allowing it to maintain the top position. The company led the 5G smartphone segment under Rs 20,000 during the quarter.

\"Smartphone<\/a><\/figure>

Smartphone market falls 9-12% in Q3 bitten by weak demand: Market trackers<\/a><\/h2>

Canalys said weak demand in the quarter ended September caused shipments to decline 9% year-over-year to 297.8 million units, while preliminary data from IDC revealed a 9.7% year-over-year decline to 301.9 million units. Counterpoint reported a 12% year-on-year decline to 301 million units in the same quarter.<\/p><\/div>