China is the world’s largest mobile market, with only a fifth of its billion users are on 3G, projects a huge opportunity for the development of internet. Here the local manufactures like Xiaomi, which offers phones which could be mistaken for iPhones at first glance but costs half the price of an iPhone 5 are the leading Smartphone sellers.

When it comes to India, the second largest Smartphone market in the world, where the Android powered Smartphone prices has halved in the past year to about $50, many consumers are opting for Smartphone, according to Sameer Singh, Hyderabad-based analyst at BitChemy Ventures. By next year, he reckons prices will drop another $20, undercutting feature phones from Nokia and Samsung.

Between now and 2017, eMarketer estimates China and India will account for more than 28 percent of new Smartphone subscribers. India's share of the world's Smartphone subscribers will triple.

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