New Delhi, 19th November, 2019: vivo,
the innovative global smartphone brand, today announced that it has recorded
its highest ever market share of 22.5% in terms of value and 21.4% in terms of
volume in September 2019. As per the latest GFK, vivo secured 48% growth in
terms of volume and 33% growth in terms of value at a time when the industry
grew at 11% and 9% volume and value respectively.
The brand has
fortified its customer outreach by launching smartphones with innovative and
groundbreaking technologies across price points in the year 2019. It continued
to strengthen its leadership and emerged as the top brand in 10k-15k price
point in Q3 as per GFK. Furthermore, the first model of the recently launched
S-series-vivo S1, has emerged as the highest-selling model in 15k-20k price
segment in September (as per GFK)
Expressing
his delight on the latest GFK report, Nipun
Marya, Director-Brand Strategy, vivo India said, “Customer-centricity has
been the key USP of vivo and continues to be the core of our growth and success
in India. Our market share in India has witnessed a constant rise over the past
several months, and the latest GFK numbers are a testament to the constant
acknowledgement of our efforts by our customers. We shall continue to surprise
smartphone lovers and continue to focus on creating a
seamless experience.”
This year
vivo has completed five glorious years in the country and will continue to
build a strong foundation to create a successful long-term brand in India by
bringing innovative products backed by an aggressive marketing strategy.