N/APosted on - 11/27/2014
As Indians have the tendency to buy new products during festivals, the smartphone market demanded more smartphone shipments. A recent research conducted say that majority of the Indian smartphone users’ change their phones within twelve to twenty four months. i.e., majority change their devices once in a year or once in two years. Is India growing very fast in Smartphone market?
Is India growing very fast in Smartphone market?
According to IDC (International Data Corporation), India is the fastest growing smartphone market share for the third quarter (July-September) of this year. Several smartphone vendors have contributed to this growth and are as follows:
This market growth has been attributed to low inflation rates and positive consumer attitude.