An Overview Of The Indian Smartphone Market & Trends That Could Drive Growth

India is becoming one of the most important markets for smartphone vendors, as shipment growth slows down in China and penetration approaches saturation levels in developed markets. Below we size up the Indian smartphone market as of 2015 and outline some of the key factors which could drive growth going forward.

References:

1. Smartphone shipments to overtake feature phones in 2016 in India: CMR

2. Smartphone Shipments In India Crossed The 100 Million Mark In CY 2015: Says IDC

China Smartphone Shipments Hit a Record 438 Million Units in 2015, Strategy Analytics

3. Average selling price of a smartphone, China and India, Quartz

4. Apple, Huawei, and Xiaomi Finish 2015 with Above Average Year-Over-Year Growth, as Worldwide Smartphone Shipments Surpass 1.4 Billion for the Year, According to IDC

5. India Surpasses U.S. To become Second largest Smartphone Market , Counterpoint

Smartphones To Account For Two Thirds Of Chinese Mobile Market By Year End, GSMA

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively.

See More at Trefis | View Interactive Institutional Research (Powered by Trefis)

Get Trefis Technology