OnePlus 5 bestseller in premium segment in India with 25% share: IDC

By | November 14, 2017

By: Tech Desk | New Delhi |
Printed:November 14, 2017 three:46 pm

OnePlus 28 percent share in premium smartphone segment OnePlus 5 bestseller OnePlus 5 was the highest promoting smartphone for the corporate with 24.74 per cent share.

OnePlus claims to have doubled its market share within the premium smartphone section (above $400 (Rs 26,00zero approx)) in India throughout Q3 2017. The Chinese language firm quoted Worldwide Information Company’s (IDC) newest Quarterly Cellular Telephone Tracker 2017 Q3 report, in keeping with which OnePlus at present has 28 per cent market share.

As for premium smartphone section, OnePlus accounts for 62.2 per cent market share. In Q1 2017, OnePlus’ share was 12 per cent. OnePlus claims to have virtually doubled its volumes and market share yearly.

OnePlus 5 was the highest promoting smartphone for the corporate with 24.74 per cent share. The corporate’s quantity share on on-line channels elevated from 57.1 per cent to 62.2 per cent throughout Q3. OnePlus grew 120 per cent year-on-year throughout Q3 2017. It bagged the eighth place within the checklist of high ten manufacturers in India, based mostly on worth.

“Our deal with providing a premium smartphone expertise and nurturing the bond with the quick rising OnePlus neighborhood in distinctive and interesting methods, has helped the model develop quickly, whereas creating a definite identification. Pushed by the distinctive efficiency of our current smartphones, OnePlus 5 and OnePlus 3T particularly, we’re humbled by the market validation because the model turned the popular alternative for the digital savvy customers on the lookout for a premium smartphone expertise. OnePlus is dedicated to prioritize person expertise and provide better of the expertise out there by constantly innovating on the software program in addition to ,” Vikas Agarwal, Basic Supervisor at OnePlus, stated.

In the meantime, Xiaomi and Samsung have change into the primary smartphone vendor within the Indian marketplace for Q3, with 23.5 per cent share every. Lenovo (Motorola) bagged the third place as Lenovo Motorola model noticed its shipments rise 83 per cent on a quarterly foundation. Chinese language gamers vivo and OPPO are at fourth and fifth place respectively with eight.5 and seven.9 per cent market share respectively.

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