Lava has proven achieve within the function telephone market with over 100% development in its market share from 6% to 13% within the Q1 outcomes of 2019 as reported by Counterpoint Analysis.
Within the 2G function telephone phase Lava got here a detailed second to Samsung with a distinction of solely 2% available in the market share.
Counterpoint know-how market analysis is a world agency specializing in cellular and know-how merchandise within the Know-how, Media and Telecom (TMT) trade.
Based on the most recent analysis by Counterpoint the Indian Characteristic telephone market is at 400 million customers. With this distinctive achieve in market share, Lava is amongst the most well-liked manufacturers within the phase.
Lava was additionally reported because the No. 1 function telephone model in India by Cyber Media Analysis (CMR) within the month of February 2019. Lava had reached the highest spot with 16% market share whereas Samsung and LYF tied at 15% share every.
Sunil Raina, President and Enterprise Head, Lava Worldwide Restricted mentioned, “We now have all the time maintained an especially robust place within the Characteristic Telephone phase. It’s our focus, dedication to empowering Indian clients and most significantly perseverance which have helped us to attain this. Through the years, now we have been constructing capabilities inside India in product design & manufacturing – in an effort to make priceless applied sciences accessible and supply dependable merchandise to our clients. We’re the one model to have full end-to-end management on product worth chain inside India complemented by our sturdy distribution community and speedy customer support. This feat is a real testimony of our customer-centricity and we thank all our customers and companions for the belief they’ve reposed in us.”
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