Saturday April 21, 2018
Home India Smartphones i...

Smartphones in India to represent 62 percent of all Mobile Phones Sales in 2018

0
//
124
A smartphone, (Representational image). Pixabay
Republish
Reprint

New Delhi, April 21, 2017: As the market becomes more competitive amid aggressive 4G rollout and more people adopting digital payment methods, smartphones in India will represent 62 percent of all mobile phones sales in 2018, market research firm Gartner predicted on Friday.

The rise of digital currency is bringing a new use case for smartphones, which, in turn, is set to trigger higher demands for smartphones.

NewsGram brings to you latest new stories in India.

This opens the opportunity for service providers to launch mobile wallet solution or even vendors to launch their exclusive mobile payment solutions like Android Pay or Apple Pay to build an ecosystem, Gartner said.

India represents the largest opportunity because it is the second-largest mobile phone market after China, said Anshul Gupta, Research Director, Gartner.

Ever rising competition from Chinese manufacturers has not only troubled top local brands such as Micromax, Intex, Lava and Karbonn mobile but also resulted in a decrease in smartphone market share for global leader Samsung in India.

Go to NewsGram and check out news related to political current issues.

Leading global vendors Samsung and Apple have made exclusive plans to grow their shares in the market.

Gionee, Huawei, Oppo, Xiaomi and Lenovo, etc. have committed big investments to exploit the growth opportunity, the report added.

With an exclusive focus on the market from the device manufacturers, we expect more customised smartphones to come to market and remain key to win in this highly competitive market, Gupta said. (IANS)

Click here for reuse options!
Copyright 2017 NewsGram

Next Story

itel Mobile to launch new budget smartphone lineup

The large display smartphones will sport a slim profile with an edge-to-edge display

0
//
28
itel to launch new smartphones in Indian Market. IANS
itel to launch new smartphones in Indian Market. IANS
  • itel to launch a new range of smartphones in India
  • it is a China-based company
  • The company first started selling its phones in India in 2016

China-based Transsion Holdings’ itel Mobile is set to launch a series of budget full-screen smartphones and a flagship device with 5.5-inch display in India on March 20.

Intelligent phones
New smartphones to be launched by itel soon. Flickr

The flagship device would come with 180-degree wide-angle viewing camera, industry sources told IANS on Monday. The flagship smartphone is expected to run Android 8 Oreo Operating System (OS) and pack a 3,000mAh battery.

Also Read: Nokia 2 with 4100mAh Battery hits Indian Markets

itel Mobile’s new portfolio could have five smartphones with ultra-thin bezels and priced between Rs 5,000-Rs 10,000 and sport fingerprint sensors.

The large display smartphones will sport a slim profile with an edge-to-edge display. Launched by its parent company Transsion Holdings, itel forayed into the Indian market in April 2016.

Nokia 2
The new phones will have a very slim display. Youtube

When it comes to India’s overall mobile handset leader board in January 2018, Itel was third with eight per cent market share, research firm CyberMedia Research (CMR) said. IANS

Next Story