Samsung Is India's No. 1 Smartphone Maker: IDC


NEW DELHI: India, the fastest growing smartphone market in Asia Pacific, is witnessing a weaker pace of growth at 84 percent year-on-year compared to the triple digit expansion seen in the first quarter this year.

During the April-June quarter, smartphone shipment in the world's second most populous market grew 84 percent to 18.42 million units from 10.02 million units (in April-June 2013 quarter), research firm IDC said.

Compared to this, sales had zoomed 186percent in January-March 2014 to 17.59 million units compared to sales in the same quarter of the previous year.

IDC said Korean handset maker Samsung still continues to lead the smartphone market with 29percent share, followed by Micromax 18 percent, Karbonn 8 percent and Lava 6 percent.

"While Samsung has held on to its leadership position in the market, it is noteworthy that Micromax is growing faster. Samsung needs to continue to address the low-end of the market aggressively, and also needs a blockbuster product at the high end to regain momentum," IDC vice president and general manager South Asia Jaideep said.

 

Given the current growth rates, there is a real possibility of seeing vendor positions change in the remaining quarters this year, he added.

Among the top five vendors, Micromax (18 percent) and Lava (54 percent) were the only ones to have outstripped the market growth.

Source: PTI