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India is now the second largest smartphone market in the world, surpassing the U.S.

Mashable 26 Jan 2020 03:53
India has surpassed the U.S. as the second largest smartphone market in the world.
India has surpassed the U.S. as the second largest smartphone market in the world.
Image: MANJUNATH KIRAN/AFP via Getty Images

The U.S. has been dethroned as the second largest smartphone market.

A new report by Counterpoint Research estimates that India surpassed the United States to become the second largest smartphone market with an estimated 158 million devices shipped to the country in 2019. China is still the global leader at number one.

Interestingly, India’s surge to second place is largely thanks to Chinese smartphone manufacturers. Phones manufactured by companies like Xiaomi, Vivo, Oppo, and Realme made up a whopping 72 percent of devices shipped to India in 2019. The report largely attributes series’ of budget-priced phones from these companies as leading to their growth in the country.

These China-based smartphone manufacturers' popularity in India has also attributed to overall growth for the companies themselves. When it comes to Xiaomi, for example, India is now the company’s largest market, surpassing even China.

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