India beats US to become world’s second largest smartphone market
• India has surpassed the US to become the world’s second largest smartphone market
• Smartphone shipments grew 15% annually in the October-December quarter, crossing 100m units milestone
• The overall mobile handset market in India, however, has contracted on a yearly basis
NEW DELHI: India has surpassed the US to become the world’s second largest smartphone market, crossing 220 million in active unique smartphone users in 2015, a year when Samsung maintained its leadership position and Apple made big strides.
“This speaks volumes for the scale India market provides for any player in the mobile connected ecosystem. India still has a long way to go as the smartphone penetration of the total potential population is still below 30%,” Tarun Pathak, senior analyst at Counterpoint Research, said in a statement.
The smartphone shipments in India also grew a healthy 15% annually in the October-December quarter, and rose 23% on year to cross 100 million units milestone, the research firm said.