- Xiaomi has maintained its top spot in India for Q2 2022, according to a new market report.
- It was the only brand to see a yearly decline though, with the other top five brands all seeing major growth.
- The top five manufacturers are separated by just 4% in the region.
The Indian smartphone market is arguably the most competitive in the world, but Xiaomi has been the top player for a few years now. However, a new market share report has revealed that Xiaomi could be under threat from four brands.
Canalys has revealed its Q2 2022 market share report for India, and Xiaomi is indeed at the top of the pile with a 19% share of the market. In saying so, this figure represents a 26% yearly decline compared to the Covid-hit Q2 2021.