India saw the second highest number of new mobile subscriptions in Q3 2013, following China.

There was a net addition of 10 million mobile subscriptions in India, taking the total number of Indian mobile subscriptions to 742 million, it said.

"Total smartphone subscriptions will reach 1.9 billion at the end of 2013 and are expected to grow to 5.6 billion in 2019," it said.

Ericsson said one of the main reasons for a jump in smartphone subscriptions is a notable increase in Asia Pacific and Middle East and Africa subscriptions, as people will be likely to exchange their basic phones for Smartphones.

"The rapid pace of smartphone uptake has been phenomenal and is set to continue. It took more than five years to reach the first billion smartphone subscriptions, but it will take less than two to hit the 2 billion mark. Between now and 2019, smartphone subscriptions will triple," Ericsson Senior Vice President and Head of Strategy Douglas Gilstrap said.

"Interestingly, this trend will be driven by uptake in India and other emerging markets as lower-priced smartphone models become available," Gilstrap added.

The report said due to availability of Smartphones in lower price ranges, in 2016 there will be more smartphone subscriptions globally than those for basic phones.

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