India's smartphone shipments drop 6% to 151.6 mn units in 2022: Report

The major drop in shipments were recorded in the fourth-quarter (CYQ4, 2022), falling by 27 per cent to 32.4 million units

BS Web Team New Delhi
teenage, smartphones, mobiles, social networking, social media

On the global front, the smartphone shipments fell by 17 per cent (year-on-year) in Q4 2022, with entire 2022 shipments declining by 11 per cent to fewer than 1.2 billion, according to Canalys

India’s smartphone shipments fell to 151.6 million units in 2022, declining by 6 per cent compared with 2021, according to market research firm Canalys. The major drop in shipments was recorded in the fourth-quarter (CYQ4, 2022), falling by 27 per cent to 32.4 million units. “India was better positioned to weather the global downturn than other markets. But domestic consumer spending cooled in the last few months of 2022,” said Sanyam Chaurasia, Analyst at Canalys. “Even during the festive season, the domestic market suffered a fall in transactions, retail spending and electronic imports. In 2022, consumers already had up-to-date technology that they had bought during the pandemic, thereby delaying further purchases. This led to smartphone brands struggling with inventory management because demand was subdued. Vendor channel management strategies became more important than ever. The mid-to-high-end segment performed well this year, which will further catalyze

Also Read

India smartphone mkt falls 10% in Q3; Xiaomi, Vivo shipments dip: Study

TVS Electronics up 18% on heavy volumes, hits 52-week high in weak market

Amazon Extra Happiness Days sale: Check out deals on top 5G smartphones

India's offline market for smartphones grew 44% in H1 2022: Report

India's 5G tablet shipments grow 61% QoQ in Q3 of Calendar 2022: CMR report

Apple working on iPad-like display for controlling smart home devices

World entering golden age of artificial intelligence: Microsoft CEO Nadella

Apple launches 2nd Gen HomePod with spatial audio support at Rs 32,900

China publishes 1% more of most-cited scientific papers on AI than others

Gupshup launches new auto bot builder powered by GPT3 to build chatbots

First Published: Jan 19 2023 | 11:05 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to