Smartphone Market in India, Q3 2015 Report
November 25, 2015 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Smartphone Market in India, Q3 2015"report to their offering.
This quarterly report provides details on the fast growing Indian smartphone market. India has established itself as the world's third largest smartphone market after China and the US in volume terms. India continues to offer significant opportunities for growth given its current low smartphone saturation rates. Smartphones made up close to 40% of total handset shipments during Q3, 2015. The report includes smartphone volumes, revenues, average-selling prices, and market shares for the past six quarters of the top - 20 vendors.
The report also covers volume shipments of individual smartphone models from all key device vendors including, Apple, Samsung, Micromax, Intex, Lava, Xiaomi, Lenovo, Sony, and Panasonic. Of particular interest during Q3 was Samsung continuing to retain its top spot as the leading smartphone vendor. Chinese and Indian brands are offering stiff competition to Samsung with Indian brands accounting for a 42% share of the smartphone market in Q3.
India has established itself as the world's third largest smartphone market after China and the USA in volume terms. India remains one of the fastest growing markets and continues to offer significant opportunities for growth given its current low smartphone penetration rates. Smartphones made up 40% of total handset sales during Q3 2015.
Of particular interest during Q3 was Samsung continuing to retain its top spot as the leading smartphone vendor. The report includes smartphone volumes, revenues, average-selling prices, and market shares for the past four quarters of the top - 20 vendors. The market share section covers shares by price band for both volumes and revenues. It should be noted that Indian brands now account for more than 42% of smartphone volumes in the country.
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