IDC Report: iQOO’s Explosive Growth Shakes Up India's Smartphone Market!

JStreetS Ranger

2024-11-15 9:18

Hey iQOO family!

The latest IDC report has just come out, and it’s clear: iQOO is on the rise! With a phenomenal 101.4% year-over-year growth, iQOO has firmly planted itself in India’s competitive smartphone market, proving it’s more than ready to challenge the industry’s biggest players.

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Market Rankings Snapshot: While vivo and Oppo continue to lead, iQOO’s impressive growth in Q3 2024 speaks for itself, outperforming most competitors and gaining market traction rapidly.

Here’s how things look:

1. vivo - 15.8% market share, 20% growth


2. Oppo - 13.9% market share, 47.6% growth


3. Samsung - 12.3% market share, a 19.7% drop


4. Realme - 11.5% market share, 19.4% drop


5. Xiaomi - 11.4% market share, steady with 2.7% growth


6. Apple - 8.6% market share, 58.5% growth


7. Poco - 5.8% market share, 6.5% growth


8. Motorola - 5.7% market share, massive 149.5% growth

9. iQOO - 4.2% market share, outstanding 101.4% growth!

10. OnePlus - 39.3% drop, sliding in the rankings

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iQOO’s Growth Story:

iQOO’s growth rate of over 100% shows that our community’s favorite brand is rising faster than nearly all others! This growth positions iQOO as a major contender, and it’s clear that our devices are resonating with consumers who want high-performance, innovation, and quality.

Why Consumers are Choosing iQOO:

Cutting-Edge Performance: With powerful processors and gaming capabilities, iQOO devices stand out for speed and efficiency.


Innovative Camera Technology: From high-resolution shots to detailed night modes, iQOO’s cameras deliver professional-quality photos.


Value for Money: iQOO combines premium features with competitive pricing, making it a top choice for savvy buyers.

Additional Insights from IDC:

The Indian smartphone market grew 5.6% YoY, reaching 46 million units sold this quarter.


The $200-$400 segment remains popular, but iQOO’s unique value proposition sets it apart in the market.


Apple and Samsung saw changes in the premium segment, but iQOO is the one capturing attention in the high-performance mid-range!


With iQOO's explosive growth, it’s clear we’re headed for the top. The iQOO community is growing stronger every day, and it’s exciting to be a part of a brand that’s shaking up the industry.

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What do you think, iQOO fans? Will iQOO continue to dominate and become India’s favorite smartphone brand? Share your thoughts below and let’s celebrate iQOO’s succes.


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