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India's online smartphone market hits record 45% in 2020

Shortpedia

Content Team
Image Credit: Shortpedia

Led by Flipkart again, India's online smartphone market reached its highest-ever share at 45 percent in 2020, registering a growth of 7% (on-year) in a pandemic-hit year, according to a new report. Flipkart remained the top online platform with 48 percent share, followed by Amazon which captured 44% share. Amazon grew 34% (on-year) and was the fastest growing online platform, Counterpoint Research said late on Friday.