The News Scroll 25 April 2020  Last Updated at 12:26 pm | Source: IANS

India feature phone market declines 24% in Q1 2020

India feature phone market declines 24% in Q1 2020
India feature phone market declines 24% in Q1 2020

New Delhi, April 25 (IANS) The India feature phone market saw a decline of around 24 per cent year-over-year in the first quarter of 2020, implying consumers are transitioning to smartphones, said a report.

Leading the feature phones shipment in India is itel which increased its market share from 7 per cent in Q1 2019 to 22 per cent in the same quarter this year, showed the data from Counterpoint Research.

Indian mobile manufacturer Lava increased its share to 15 per cent in Q1 2020 from 13 per cent a year ago, while Samsung''s share remained stable at 15 per cent.

Nokia and Micromax rounded up the top five players in the India feature phone market.

While Nokia''s share in the market rose to 13 per cent from 8 per cent a year ago, share of Micromax rose to 7 per cent in Q1 2020 from just 2 per cent a year ago.

Shares of the rest of the players combined declined drastically from 54 per cent to 27 per cent.

Overall, the Chinese brands gained tremendously in the India feature phone market, reaching a combined 33 per cent share of total feature phone shipments in Q1 2020, up from 17 per cent in Q1 2019.

Transsion Group brands (itel, Infinix, and Tecno) reached its highest ever market share in Q1 2020 registering 78 per cent year-over-year growth.

Transsion remained strong in tier 3, tier 4 cities, and rural India, Counterpoint Research said.

"Itel continues to be the number one smartphone brand in the entry-level sub-Rs 4,000 price segment, while Tecno and Infinix showed good YoY growth in the Rs 6,000-Rs 10,000 segment by bringing attractive features in budget level smartphones. Itel also remained the #1 feature phone brand during the quarter," said the report.



Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: IANS
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