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Vivo Doubles Indian Smartphone Market Share in Q1 2019: Canalys


HIGHLIGHTS
  • Vivo reportedly doubles its shipments in Q1 2019, in India
  • It still ranks third, led by Samsung and Xiaomi, which ranks first
  • Realme makes a surprise entry on the leaderboard
  • It's hard to not a pass a smartphone store and see poster for a Vivo smartphone adorning the glass window. This aggressive marketing tactic has helped the company double the amount of units it ships for Q1 2019 compared to Q1 2018, according to a recent report. It's still at the third spot, with Samsung hanging on to second place while Xiaomi still leads comfortably at the number one spot. However, the reason Vivo is in the spotlight is because among all the brands, it managed the highest growth of 108 percent from a year ago.
    According to a report from research firm Canalys, Vivo managed to double its growth from 2.1 million units shipped in Q1 2018 to 4.5 million shipped in Q1 2019, arriving at a total market share of 15 percent. Xiaomi still ranks number one with a 31.4 percent market share, but according to the report, it only grew by 4.3 percent. Samsung still has a solid second position with a 24.4 percent share, despite losing 1.8 percent market share year on year.
  • Vivo showed the highest annual growth in phone shipments, according to Canalys

    “Vivo's expensive bets on the Indian Premier League (IPL) are paying off,” said Rushabh Doshi, an analyst at the firm. The report states that Vivo apparently paid six times the previous amount to retain the title sponsorship of the IPL. Roping in big Bollywood stars such as Amir Khan to promote its products are said to have helped boost its market share.
  • Oppo placed fourth, shipping 2.8 million units in the quarter, giving it a 9.3 percent market share with a 1 percent growth year-on-year. What's surprising is that Oppo's relatively new spin-off brand Realme has managed to make it to the leaderboard in fifth position, with a market share of 4.2 percent - it shipped 1.3 million units in the quarter. Realme's major obstacle for 2019 is predicted to be the offline channel. “To win in the offline channel, Realme will need to meet margin expectations, fund retailers to prioritise Realme and invest in advertisements, banner and brand ambassadors,” says Doshi.


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Vivo Doubles Indian Smartphone Market Share in Q1 2019: Canalys Vivo Doubles Indian Smartphone Market Share in Q1 2019: Canalys Reviewed by Unknown on April 29, 2019 Rating: 5
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