techonology indian smartphone market declined 7 in q1 2025 vivo gains ground as xiaomi samsung stumble

Indian Smartphone Market Declined 7% In Q1 2025: Vivo Gains Ground As Xiaomi, Samsung Stumble

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The Indian smartphone market declined 7% YoY in Q1 2025, driven by changing consumer preferences and competition. The premium and affordable segments saw growth, while the value-for-money segment dropped 6%. Vivo led with 20% market share, while Xiaomi faced a 37% decline.