Domestic handset manufacturer Micromax has found a place among leading global mobile phone makers, occupying a market share of 1.8 percent in the March quarter, said research firm Gartner.

The Gurgaon-based company was ranked as the 10th largest mobile vendor with its total sales hitting 460.3 million units during the January-March quarter, up 2.5 percent in the corresponding quarter a year ago.

"In light of their strong smartphone sales in the emerging markets, the Indian and Chinese phone manufacturers increased their footprint during the first quarter of 2015. Six of them were in the top 10 in the first quarter of 2015," Gartner research director Anshul Gupta told NDTV Profit.

However, Korean mobile giant Samsung led the pack with a market share of 21.3 percent, followed by iPhone maker Apple with a share of 13.2 percent.

Market shares of Microsoft, LG and Lenovo stood at 7.2 percent, 4.3 percent and 4.2 percent, respectively.

Chinese handset maker Xiaomi, which is regarded as the most valuable global startup, has garnered a share of 3.2 percent in the first quarter.

Founded in 2010, Xiaomi witnessed rapid growth to emerge as the top smartphone vendor in China, the world's second largest smartphone market.

The company's smartphone shipments more than tripled to 61.1 million units last year, with revenues seeing a two-fold increase.

"During this quarter, local brands and Chinese vendors came out as the key winners in emerging markets. These vendors recorded an average growth of 73 per cent in smartphone sales and saw their combined share go up from 38 per cent to 47 per cent during the first quarter of 2015," Gupta said.

Other top 10 handset vendors include Huawei (4 per cent), TCL Communication (3.1 per cent), and ZTE (2.7 per cent).

Globally, smartphone sales recorded an increase of 19.3 percent to 336 million units during the first quarter of this year, largely led by a robust growth in emerging markets other than China.

Samsung also maintained its lead on the global smartphone market with a share of 24.2 percent in the first three months of 2015. Apple stood at the second spot with a share of 17.9 percent.

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