Indian smartphone market to overtake US by 2017

According to the report by a research firm IDC, smartphone market in India grew 44% to 26.5 million units in the June quarter. Online sales is the the major reason for this rise.  Samsung maintained its leadership in the Indian smartphone market with 23% share, followed by Micromax (17%), Intex (11%), Lava (7%) and Lenovo (6%). About 26.5 million smartphones were shipped to India in the second quarter of 2015, up 44 percent from 18.4 million units for the same period last year.

The market is expected to continue to grow in double-digits over the next few years as people switch to smartphones and gradually upgrade to 4G-enabled phones. By 2017, it is expected that India will overtake USA to be the second largest smartphone market globally. Although India remains a retail dominated market, vendors like Lenovo and Xiaomi have used etailing channels in India to rapidly expand their presence.

As China started to slow down, most vendors from the country have targeted India as the next big growth market for smartphones.

Interesting Facts
  • The Smart Phone we use has more computing power than the computers used for the Apollo 11 moon landing.
  • Mobile phones have 18 times more bacteria than toilet handles.
  • The first mobile phone call was made in 1973 by Martin Cooper, a former Motorola inventor.
  • Over 250 million Nokia 1100 devices were sold, making it the bestselling electrical gadget in history.
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It is the fear of being without your mobile phone or losing your signal.

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