Vivo V7+ gains 40 percent market share in INR 20-25K and 38 percent in INR 20-30K category as per Counterpoint Research
Chennai: Vivo V7+, the latest flagship from Vivo, a global premium smartphone brand, has emerged as the leader in INR 20-30K price category. Vivo V7+ commands a majority share of 40 percent in the INR 20-25Kprice category for November 2017, as per the latest Counterpoint Research numbers. In addition, the Vivo V7+ also leads the INR 20-30K segment with a dominant 38 percent market share.
Speaking on the milestone, Mr. Kenny Zeng, CMO, Vivo India said, “India is among the most competitive smartphone markets around the world, and we are delighted to lead in the INR 20-30K segment. The success of Vivo V7+ is a testament to our efforts to bring futuristic design, distinguished selfie camera, innovative features and enhanced user experience to our customers. We will continue to innovate and redefine the smartphone experience for our customers and cater to their evolving needs.”
Commenting on the success of V7+, Mr. Tarun Pathak, Associate Director, Counterpoint Research said, “While there are several brands in the market touting about camera capabilities,Vivo has established its niche in selfie smartphonescategory. Vivo’sV7+ has emerged as the most popular device in the competitive and fast-growing mid-end segment by bringing the latest innovation in selfie camera for consumers.”
The success of Vivo V7+ attributes to its differentiated set of features that includes an 18:9 FullViewTMdisplay and pronounced selfie capabilities achieved with the help of a 24-megapixel front camera. All of this combined with a powerful processor provides users with a more immersive smartphone experience.
About Vivo India:
Vivo, a premium global smartphone brand, entered India in late 2014. With a strong focus on “Camera and Music”, Vivo has established itself as one of the top smartphone brands in India. Manufacturing in Greater Noida, the company has a robust distribution network across the country both online and offline, catering the best in class quality services to over 400 cities, in 22 states backed by 400 service centres in India. Dedicated to the youth, Vivo became the title sponsor of the Indian Premier League (IPL) for 2016 & 2017 and recently bagged the title sponsorship for the next five years. Also, have bagged the title sponsorship of Pro Kabaddi in 2017 for five years. Conquering the global stage, Vivo became the official sponsor of 2018 and 2022 FIFA World Cup.