Friday, 28 June 2013

India’s smartphone surge: look out for the local brands | beyondbrics

"India has overtaken Japan to become the world’s third largest market for smartphones, joining China and the US on the podium.

In some ways, it’s unsurprising. With a population of over a billion people India is bound eventually to be among the largest markets for pretty much anything. What is interesting is how Indians are using their phones – and the local handset makers that are seeing lightning fast growth.

The Indian market is growing rapidly with sales up 164 per cent year-on-year to 10m between January and March, according to the consultancy, Strategy Analytics. Compare that with growth of 86 per cent in China, 24 per cent in Japan and 19 per cent in the US, and a global average of 39 per cent in the same period."

'via Blog this'

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