India command only 2.10% of the worldwide Smartphone market in FY12-13 – Opportunity for Smartphone players

05:11:00
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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