Xiaomi The Preferred Smartphone Brand in Sub-Rs 15,000 Segment: Counterpoint Survey
Oct. 29, 2018One in three Indian users are planning to purchase their next mobile phone in the Rs 10,000-Rs 15,000 price range, a new survey said on Monday, adding thatXiaomiis the most preferred brand for consumers’ next purchase in this segment.
While two in three users are planning to buy a mid or high-end phone in India, four in five users are satisfied with their current smartphones, said “Consumer Lens”, a global research program by Counterpoint Research.
“Mobile phone users in India are becoming more sophisticated as many of them are on their second or third smartphone. We have seen advanced features diffusing through the mid-tier segment faster than ever before and users are finding these features attractive enough to upgrade,”said Pavel Naiya, Senior Analyst, Consumer Lens.
OnePlus is the preferred brand in the fast-growing Rs 25,000 to Rs 40,000 segment, where consumers are looking for premium experiences at affordable price-points.“There is strong competition to acquire mature smartphone users and we see original equipment manufacturers (OEMs) becoming more aggressive and offering a stronger value proposition in these two important price segments,”said Associate Director Tarun Pathak.
While Xiaomi remains the most preferred brand, Samsung is the second-most preferred brand.OnePlusis ahead of some of the leading smartphone brands like OPPO, Vivo, Apple and Honor as the next preferred brand.
