If you ask someone from India 15 years ago, smartphones would be viewed as a luxury item that only a small portion of the population could afford. Back then, it was hard to believe that the Indian smartphone market could become the second largest in the world. It was a combination of ...
Based on volume of shipment, the smartphone market in India is expected to expand at a compound annual growth rate (CAGR) of ~14.56% between FY 2018 and FY 2023 to reach a value of 277 Mn units by FY 2023.
The smartphone market is forecasted to grow by USD 77.05 billion during 2023-2028, accelerating at a CAGR of 3.43% during the forecast period. The report on the smartphone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor ...
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JW Insights: Chinese smartphone brands in India should make early preparations for complex law enforcement by the Indian government, despite their dominating of local market shares By Li Panpan Although Chinese smartphone brands dominate the Indian market with four ranking in the top five positions by...
India is the world's second-largest smartphone market. It is one of the fastest-growing countries on the planet, with a rising middle class and vibrant competition among device suppliers. Our extensive report shows the top-200 best-selling smartphone mod
and the penetration rate of smartphones being less than 50%, the rapid development of ecommerce will boost greater demand for smartphones. A Chinese smartphone manufacturer with years of efforts in the Indian market said, “India will remain the key strategic market for global smartphone brands ...
In 2022, Shipments of smartphones made in India declined overall, but the value of the market is increasing thanks to premium smartphones such as the iPhone.
India Overtakes U.S. to Become Second Largest Smartphone MarketCanalys
and the penetration rate of smartphones being less than 50%, the rapid development of ecommerce will boost greater demand for smartphones. A Chinese smartphone manufacturer with years of efforts in the Indian market said, “India will remain the key strategic market for global smartphone brands ...