India's premium phone mkt grows 20% in 2017: Counterpoint

referring to NEW DELHI: The premium phone segment in India witnessed over twenty per cent development in 2017 over the Former year, driven with powerful uptake of devices from the stables of Apple and OnePlus , a report with Counterpoint study this day said.The premium phone segment (priced Republika Srpska 30,000 onwards) was the 2nd fastest growing segment (20 per cent year-on- year) with volume, while it expanded with 28 per cent in price terms in 2017, Counterpoint said.The report added that while the segment is "more crowded than a year ago", 3 brands -- Apple, OnePlus and Samsung -- still contribute to 94 per cent of the overall premium market segment.The Republika Srpska 10,000-15,000 grew at the fastest pace.Apple was the segment leader with 47 per cent share in the October-December quarter and 38 per cent share for the entire calendar year, driven with powerful shipments of iPhone X and iPhone 7.OnePlus was the fastest growing brand (over 343 per cent growth) in the segment and captured 25 per cent share during the 4th quarter and 19 per cent share for 2017, the report said. "It was the 2nd successive quarter for OnePlus to capture the 2nd position in the premium phone segment, surpassing Samsung," it told adding that Samsung had eight per cent share in the December 2017 quarter.Apple's iPhone X was the leading model in the premium segment, capturing 1 5th of shipments, followed with the OnePlus 5T and Samsung Note 8, Counterpoint said. "Going forward, we expect the premium segment to still to grow with further than twenty per cent, both in terms of volume and price in 2018, as further brands are likely to get in the segment," the report said.These involve OPPO, Vivo and Huawei phone , that have some of their better selling models in China endeed in this segment, it added.

Indian premium phone segment grows twenty per cent annually in 2017

The Indian premium phone market saw twenty per cent year-on-year (YoY) development (by volume) in 2017 driven with the powerful performance of OnePlus and Apple, a new report told on Wednesday. The segment grew 28 per cent with price in 2017, Tarun Pathak, Associate Director, Counterpoint Research, wrote in a blog post. "Although the segment is further crowded than a year ago, the highest 3 brands, Apple, OnePlus and Samsung, continue contribute to 94 per cent of the overall premium market segment," Pathak wrote. OnePlus was the fastest growing brand (with over 343 per cent growth) in the segment capturing 25 per cent market share during Q4 2017 and 19 per cent for 2017. Other notable brands that expanded their presence in the premium segment involved Google, Xiaomi, LG and Nokia phone HMD.

Apple's iPhone X takes highest premium phone spot in India, crushing OnePlus, Samsung

as informed in Despite intense competition from China's OnePlus, South Korea's Samsung and others, Apple has retained the lead in India's premium phone market, crushing Samsung (which exceeded Apple's share final year) and severely blunting the previously rapid expansion of OnePlus. OnePlus is the premium-tier brand of BBK Electronics, that too purveys Oppo and Vivo, 2 brands that are frequently described as being 2 breaking up Chinese companies.Apple's iPhone X too bested Samsung's almost as expensive 3rd place Note eight with further than 162 % greater sales, prompting Samsung to slash its value in India in December.Counterpoint noted that iPhone seven too purveyed well in India, although it stated that "iPhone eight remembers soft and, as a result, the overall Apple shipments in the premium segment declined 31 % YoY. The decline is too partly because of final year's powerful quarter the time discounds of the iPhones spiked owing to demonetization and the high volume of cash transactions. "The report too noted that "the Indian premium phone segment grew twenty % annually with volume and 28 % with value in CY 2017. "In addition to dominating the high end, Apple is too working to expand the produce of its less expensive iPhone SE and 6s models in India with native manufacturing with Wistron

collected by :John Smith