Global shipment of smartphone in
FY12-13 achieved 722.3 Million units based on IDC research. At the same time, India
smartphone market size stands at 15.2 Mn according to Cyber Media Research. India
is home of 12.66% of global mobility subscriber whereas contribute only 2.1% of
global smartphone market size. With on-going reduction or offers from global
player to sustain their market share against home grown smartphone player; it
offers great opportunity for Indian mobility subscriber. As 93% plus Indian
mobility device market is non-smartphone centric and availability of Sub $ 200
offer great opportunity for existing or new players in India. As per IDC and
Cyber Media Research that Indian Smartphone may experience high double digit growth for
next few years.
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