India overtakes the US to become the world’s 2nd largest phone market

collected by :John Smith

Move over America, India is this time the world's 2nd largest phone market. That's according to a new report from Canalys that appeals phone shipments in India crossed the fourty mn check for the premier time in Q3 2017 courtesy of 23 % annual growth. That means that India has overtaken the unite states on discounds with only China ahead of it. Despite the landmark, watchers have long told that India's phone market is 1 that going to require patience. India may not be at China levels yet, however there are plenty of familiar names from the country that dominate the India market.


India passes US to become 2nd largest phone market

Samsung and Xiaomi, that sent 9.4 mn and 9.2 mn smartphones to India, respectively, account for nearly half of the entire Indian phone market in the country. "There are lock to hundred mobile device brands purveyed in India, with further vendors arriving every quarter. Low phone penetration and the explosion of LTE are the major drivers." The highest 5 vendors in India, involving Samsung, Xiaomi, Vivo, Oppo and Lenovo, account for 75 % of the total shipments in India, according to the report. Apple only started native produce in India this year, and iPhone shipments have further than doubled to 900,000 units in the 3rd quarter.

India passes US to become second largest smartphone market

India surpasses US as 2nd largest phone market

referring to CanalysWith further than fourty mn smartphones shipped to India in the 3rd quarter of 2017, India surpassed the United States to become the second-largest phone market, according to the study company Canalys. Shipments in Q3 rew 23 % year-over-year in India, Canalys said, putting it behind only China. Canalys study Analyst Ishan Dutt told which development in India going to continue, attributing it mainly to low phone penetration and the explosion of LTE. Samsung and Xiaomi accounted for almost half of the market in Q3, shipping 9.4 mn and 9.2 mn units respectively. While the market is concentrating, Dutt noted which there are lock to hundred mobile device brands purveyed in India.





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