Intraday Tips, Indian Smartphone Market Grew 5.2% in 2016: IDC



India registered 109.1 million units of smartphone shipments with a marginal 5.2 per cent annual growth in 2016, market research firm International Data Corporation (IDC) said on Monday. Chinese players led the pack. In the fourth quarter of 2016, smartphone shipments clocked 25.8 million units -- registering similar volumes as that of 2015 but declining sharply by 20.3 per cent over the previous quarter.  

This was mainly due to a seasonal decline in an all-time high festival quarter and demonetization in November, which led to relatively lower consumer sales in November and December. "Feature phone to smartphone migration has slowed down as prices of smartphones are still quite high for a feature phone user," said Karthik J, Senior Market Analyst, Client Devices, IDC. 

The share of China-based vendors touched a whopping 46 percent in the fourth quarter of 2016. Their shipments doubled over the same period last year while the share of homegrown vendors slipped to 19 per cent.  Samsung continued to lead the smartphone market with 25.1 percent share despite a 13.1 percent sequential decline in the fourth quarter of 2016. But Samsung's annual shipments grew 3.2 percent in 2016, driven majorly by the J-series.

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