India Becomes Second Largest Smartphone Market by Unit Volume in Q3 2024:
India’s smartphone market has become the second largest globally by unit volume and third by value in Q3 2024, according to Counterpoint Research. In this period, India accounted for 15.5% of global smartphone shipments, trailing China’s 22% but surpassing the US, which held a 12% share. By value, India’s market share slightly rose to 12.3%, from 12.1% a year earlier.