Bright future for smartphone market in India
Smartphone market in India has seen a healthy growth with shipments revving up 84 percent, year over year, and an 11 percent per quarter.
The research firm said the potential for future growth in India's smartphone market remains quite high as 71 percent of the market continues to be on feature phones.
In the second quarter, the overall India mobile phone market stood at 63.21 million units, a 5 percent sequential increase, which was attributed to both product categories -- smartphones and feature phones.
Volume growth in the smartphone market is also being noted due to the re-defined, low-price smartphone models and continuous migration from feature phones to smartphones.
(Posted on 21-08-2014)