Leaving America behind, India is now the second largest smartphone market in the world. China is number one at the moment. Thanks to cheap handsets and 4G, the mobile market in India has increased rapidly. After a little furore in the second quarter of 2017, the Indian smartphone market got a boost and the shipment increased 23% in the third quarter. According to the Canalis analyst’s report, during this time 4 million handsets were traded.
Increased cell due to 4G
The apprehension that the clouds of apprehension about the Indian market’s capability have come to an end. About 100 mobile brands are currently doing business in India. There is no problem in this business in India, so growth will continue to grow. Cheap smartphones and LTE Techniques have boosted the cell.
50% owned by 2 companies
Consolidation is going on in the market. Top 75 companies in India occupy 75% of the market. These include Samsung, Xiomi,Vivo, Oppo and Lenovo.
All companies have registered strong growth in the third quarter of 2017. However, Samsung and Xiomi are occupied 50% of the entire market. Samsung is number one in the first place and Xiomi at number two, whose shipment has increased by 290%.
Xiomi could leave behind Samsung
Xiomi’s growth is a great example of how an online brand effectively creates its place in the online market, but Xiomi’s focus is on cheap phones, it’s just mid-range, ie 15 thousand Only 20 thousand phones are being registered in the market. On the other hand, Samsung, Oppo and Vivo are quite strong, we hope that despite this, Xiomi will leave behind Samsung in less than a year with the help of its innovation.
Count of Smartphone Users
China 71.1 million
India 3 million
America 24.8 million