India: The Next Big Market For Smartphones By 2020

BANGALORE: The smartphone market has witnessed a massive growth globally and is continuing to do so. The figures of positives growth are a result of new trends emerging in different markets.

China and India hold the key positions in the market. Although these two nations are still developing their own mobile markets, they have swayed the positive growth in market to a large extent, reports Business Insider.

Android leads in the Chinese markets with the aid of the home-bred Lenovo, Huawei, and Xiaomi. However, the Apple has been able to advance in this market with the launch of its new products which includes iPhone 6, iPhone 6 Plus and iPhone mix. These new products have promoted the market for Apple.

The picture in India is getting fiery and red-hot as the game to lead the market is achieving momentum. Home-bred competitors are racing ahead of the global players and are still struggling to make a mark globally with considerably larger shares.

BI Intelligence mentioned in its new report, the pace of growth of the eight prime phones markets has predicted what will be the future impact of this smartphone surge which is likely to continue. The report also features China’s deceleration and India as the next big thing in the market.

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