Samsung and Xiaomi together constitute 45% of the smartphone market in India in Q3 of 2017. The smartphone grew 37% (quarter on quarter) and 18% (year on year) to temporarily surpass the US for the first time ever as the second largest smartphone market in the world. The number one spot i still retained by China. According to Counterpoint’s Market Monitor service, India’s mobile phone shipments reached an all time high of 84 million in 2017 thanks to a strong sale period of both feature and smartphones.
Samsung and Xiaomi together contributed to almost 45% of the smartphone market. This is the first time since 2012, that the top two brands have reached this level [...]
International Data Cooperation (IDC) recently reported that, after a slow start in the first quarter, the smartphone shipment in India grew 44% to 26.5 million units, in the June quarter. Not just this but we can also expect a huge leap forward over the next few years, as people will switch to smartphones and 4G-enabled devices.
“By 2017, we expect India to overtake USA to be the second largest smartphone market globally,” it said in a statement issued by IDC.
“This strong second quarter performance saw smartphone shipments grow by 19%, following a sluggish first quarter this year,” IDC added.
However, we should note that the IDC [...]