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Smaller cities trending to be the next hub of the smartphones: IDC

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The International Data Corporation (IDC) reported that tier 2 and 3 cities will lead the next trend of growth of Indian smartphone market, with the growing dispersion of smartphones.

According to the “Monthly City Level Smartphone Tracker” report issued on Thursday, the top 30 cities of India make around 51 percent of the smartphone market in the fourth quarter of 2015. New Delhi topped the list while Mumbai followed it.

Around 60 percent of the online smartphone sales are created by top 5 cities of India, the report added.

According to the report, around 21.3 percent of Indian smartphone market are created by 25 major tier 2 and 3 cities. The demands in smaller cities is mostly for 3G models. However, the demand of 4G smartphones will be expected to increase with increasing 4G smartphone portfolio. The movement of the trend in smaller towns and cities make it the market of next evolution centre for the smartphone industry.

“The smartphone consumers in tier 2 and 3 cities are becoming more aware and demanding. The 4G revolution is promising to trigger the next wave of smartphone growth with 4G enabled devices already overtaking 3G devices as the largest smartphone category,” said Jaideep Mehta, managing director, IDC South Asia.

“With the first time mobile phone users coming on a smartphone, it will be their only connected device which meets all of their internet and entertainment needs” added Swapnil Bhatnagar, research director, IDC India.

Chinese retailers like Lenovo, Motorola and Xiaomi are due to its quality brand, superior features and value of money are receiving the big market portion in these cities,” Swapnil noted.(IANS)

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Xiaomi Drops Down Smartphone Prices in India

This is the first time when the smartphone market is at par with the feature phone market, each contributing 50 per cent to the overall mobile phone market

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Xiaomi
Xiaomi cuts prices of 5 smartphones in India.

Chinese smartphone maker Xiaomi on Friday announced that it was permanently cutting the prices of five of its handsets in India, a day after the International Data Corporation (IDC) declared that the company was the market leader in the third quarter of 2018 in the country.

“We are delighted to share that we have seen a reduction in component costs of some of our best-selling phones. We were announced as the number one smartphone vendor in India for the fifth consecutive quarter, as per IDC Quarterly Mobile Phone Tracker.

“As a celebration of that, Xiaomi is announcing price cut for five smartphones,” the company said in a statement.

Xiaomi
Chinese smartphone maker Xiaomi on Friday announced that it was permanently cutting the prices of five of its handsets in India.

The 4GB+64GB variants of Redmi Note 5 Pro, Mi A2 and Redmi Y2 are now available for Rs 13,999, Rs 15,999 and Rs 11, 999, respectively while the prices of 6GB+128GB variants of Redmi Note 5 Pro and Mi A2 have dropped to Rs 15,999 and Rs 18,999, respectively.

According to the IDC report, the Chinese handset maker shipped 11.7 million units and became the top brand in the Indian market with 27.3 per cent share in the third quarter this year.

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This is the first time when the smartphone market is at par with the feature phone market, each contributing 50 per cent to the overall mobile phone market. (IANS)