Smartphone shipments from the online channel reached its highest ever share of 43 per cent during the first quarter (Q1) of 2019, a Counterpoint Research report said on Monday.
According to Counterpoint's 'Market Monitor' report, online channel shipments grew 17 per cent year-on-year (YoY) in Q1 driven by new launches, sales events and lucrative offers.
However, smartphone shipments in the offline segment declined by 4 per cent.
"Price cuts of popular devices and more launches drove online channel shipments to the highest ever level in Q1 2019. Xiaomi's Redmi 6A, Note 6 and 7 series, Samsung's online exclusive M series, Realme 3, HONOR 10 Lite and ASUS Zenfone Max Pro series were the major contributors for the growth," Anshika Jain, Research Analyst, Counterpoint Research, said in a statement.
Smartphone brands like Huawei, Xiaomi, Realme and ASUS contributed most for Flipkart and accounted for more than four-fifths of its total smartphone shipments.
Though Flipkart led the overall online market with 53 per cent share, on the other hand Amazon India grew faster in Q1 2019 with 38 per cent YoY growth.
Samsung, Xiaomi, Huawei and OnePlus drove Amazon's growth.
Amazon's contribution also reached its highest ever level in the online premium smartphone segment with a share of 81 per cent due to sales of OnePlus, Samsung and Apple.
--IANS
ksc/niy/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app