India Smartphone Market Plunges to Decadal Low in Q3 2026: Sub-₹20,000 Segment Collapses by 47% as Samsung Reclaims No. 1 Spot
The world’s second-largest mobile phone arena has experienced its sharpest contraction in ten years. According to comprehensive quarterly data from Counterpoint Research and Omdia, India smartphone shipments dropped by 20% to 26% year-on-year (YoY) in Q3 2026 (July–September), falling to approximately 35.8 million units. Shipment volumes sank to their lowest third-quarter baseline since 2016, defying…
