Also Read | Why Mumbai’s mojo lies beyond its localsDespite the decline, India remains the second biggest smartphone market after China.
Global smartphone shipments were down 5.9% YoY in 2020, as per IDC.“The rebound of the smartphone market in the latter half of 2020 underscores the importance of devices in our day-to-day lives.
In 2021, IDC expects the smartphone market to grow in high single-digit YoY, driven majorly by upgrading consumers, in the mid-range segment and affordable 5G offerings ($250)," Navkendar Singh , research director, Client Devices & IPDS, IDC India, said in a statement.Online sales outpaced total sales in calendar year 2020, growing at 12%.