The Indian smartphone industry is expected to earn more than half of its revenue in October-December 2021 by selling over 49.9 million smartphones worth 1,252 billion or $16.9 billion during the said festive quarter, according to Techarc.
The sales contribution of the quarter in terms of revenue and volume is estimated at 56% and 32% respectively, it said.
The revenue contribution will be driven by the ‘premium segment'(25,000-50,000 INR), with the segment contributing 51.7% of the total revenues during the quarter.
By volume sales, however, the ‘mid-segment(12,000-25,000) INR will drive the contributions with 42.1% smartphones selling in this segment.
The research firm said in a note, “The channel contribution is witnessing a shift where mid, premium, and luxe category smartphone sales are increasing compared to the earlier view where the basic segment would drive online sales.”
At the same time, there are a plethora of options of 5G smartphones available in the online channels. Flipkart and Amazon are offering 56 and 52 smartphones on their platforms, respectively.
So what are the devices along with the prices that are retailing for currently, you should definitely consider buying during the festive season? Here are our top recommendations!
- Realme GT 5G– 35,999 INR
- Samsung Galaxy F62-18,999 INR
- Google Pixel 4a-25,999 INR
- Moto G40 Fusion-12,999 INR
- iQOO Z3-17,990 INR
- Samsung Galaxy S20 FE 5G-36,999 INR
- Apple iPhone SE– 26,999 INR