OnePlus moved into India early on in their lifetime and their aggressively-priced premium smartphones have fared well right from the beginning. Recently they have had their phones rated number one for premium smartphones in India for an occasionally quarter. Now, according to Counterpoint Research, it seems that India has been conquered by OnePlus.
2019 was the year of OnePlus in India with it capturing the number one spot for premium smartphones for the entire year — and this was in a burgeoning premium smartphone market. India’s premium smartphone market grew a massive 29% YoY for 2019 thanks to the availability of affordable premium smartphones and aggressive offers and price cuts.
In 2019 OnePlus grew a massive 28% YoY capturing one third of the premium smartphone market. Using customer feedback platforms OnePlus were able to engage with Indian consumers and match the needs and requirements of them in their smartphones. So good was the year for OnePlus in India they were the first ever premium smartphone brand to have over two million shipments in a single year. Even OnePlus’ reach into the ultra-premium market grew with the OnePlus 7 Pro pushing their sales in that segment to a growth of 25% YoY in 2019.
Samsung came in at number two for premium smartphones and actually declined a decent 2% which is significant given the growth of not just OnePlus but the growth of the segment itself. ie. The segment grew by 29% but Samsung bucked that trend and declined 2%. Samsung’s ultra-premium market segment grew though by a massive 24% YoY.
— Counterpoint (@CounterPointTR) February 4, 2020
For other smartphones the iPhone XR pushed Apples growth in the premium smartphone segment to a massive 41% YoY with their iPhone XR being the number one ultra-premium smartphone model in India for 2019 followed by the Samsung Galaxy S10 Plus and the OnePlus 7 Pro.
Overall you can bet that OnePlus will be very happy and having a little celebration about hitting the number one spot for the year in India in the premium segment and will be working hard towards emulating that this year. Hopefully their success in India translates into them pushing into new markets such as Australia. Hit them up on all the socials to remind them that we exist and we want them in our live Downunder.