Narrative: India Smartphone Vendor and OS Market Share Q1 2026 – Market declines as multiple headwinds lead to subdued consumer demand
2 Min Read May 14, 2026
India smartphone market declined 4% YoY in Q1 2026 amid memory‑driven inflation and other headwinds, with growth shifting from volume to value.

India smartphone market declined by -4% YoY in Q1 2026. The decline comes amidst headwinds from memory shortage-led inflation, Middle East conflict, adverse exchange rates, etc. Vivo, Samsung, OPPO held the top three rankings in the quarter. Apple retained its position in the top five. With challenges persisting, India market is set to grow on value than on volumes in 2026.
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