In term of revenue, the overall user device market grew from Rs1,18,795 Crore in FY 2016-2017 to Rs 1,68,920 Crore in FY 2017-2018. The devices are the only encouraging segment across telecom equipment and infra segment, witnessing an impressive growth in the past few years. Today devices are over 58% of the total telecom infra and equipment by revenues. Mobile Handsets The Indian smartphone market witnessed a boom with mobile companies making a kill in one of the largest and exciting smartphone market of the world. From domestic manufacturers like Reliance Retailto global giants like Samsung and Xiaomi, companies want to jump the bandwagon of growth to cash-in the rising demand. From Q2, 2017 to Q1 2018, around 26 crore units were shipped and sold in the country with 44% being smartphones. The current growth numbers make India one of the fastest growing markets amongst the top 20 smartphone markets globally. The market saw a slight shift towards premium smart phones. Focusing on revenue, Samsung retained the top spot in both mobile devices & overall user devices segment. However, in terms of volume, Samsung's share has started witnessing a slight dip with Chinese counterparts like Xiaomi & Vivo catching up quickly. Chinese smartphone maker Xiaomi registered an incredible performance in 2017, and its market share grew by nearly two-fold in Q3 2017. The company grabbed the top spot from Samsung in the Q4 of 2017.
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